188, REGIMENT GATE, SPRINGFIELD, CHELMSFORD, CM1 6BQ - £118,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

188 REGIMENT GATE is a very large flat of 70m², built in 2017, which could now be worth an estimated £119,235. It was last sold for £118,000 in January 2022, which was around 44% below the average January 2022 flat price in the Chelmsford local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

188 REGIMENT GATE Sold Prices

Land registry data shows one sale for 188 REGIMENT GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 JAN	£118,000	£209,082	44% below HPI

What might 188 REGIMENT GATE be worth now?

188 REGIMENT GATE might now be worth an estimated £119,235.

This is based on house price inflation of 1%, between January 2022 and May 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 188 REGIMENT GATE of £118,000 on 28th January 2022. For the value to have increased from £118,000 to £119,235 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 188 REGIMENT GATE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The January 2022 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 188 REGIMENT GATE has not materially changed since January 2022.

How Large is 188 REGIMENT GATE?

188 REGIMENT GATE is 70m² according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of flats in Chelmsford, based on EPC data. 80% of flats are smaller than 188 REGIMENT GATE, and 17% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

188 REGIMENT GATE: Plot

188 REGIMENT GATE sits on a plot of roughly 0.531 of an acre, or 2,150m².

Where is 188 REGIMENT GATE?

188 REGIMENT GATE is located in SPRINGFIELD, in the CM1 postcode district.