2, BLACKSMITH CLOSE, SPRINGFIELD, CHELMSFORD, CM1 6SY - £315,000

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.

2 BLACKSMITH CLOSE is a detached house, which could now be worth an estimated £623,447. It was last sold for £315,000 in October 2006, which was around 9% below the average October 2006 detached price in the Chelmsford local authority area.

2 BLACKSMITH CLOSE Sold Prices

Land registry data shows one sale for 2 BLACKSMITH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2006 27 OCT	£315,000	£347,440	9% below HPI

What might 2 BLACKSMITH CLOSE be worth now?

2 BLACKSMITH CLOSE might now be worth an estimated £623,447.

This is based on house price inflation of 97.9%, between October 2006 and April 2026, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.9% inflationary increase is applied to the most recent sale price for 2 BLACKSMITH CLOSE of £315,000 on 27th October 2006. For the value to have increased from £315,000 to £623,447 over the twenty years and six months to April 2026, the following assumptions must hold true:

• The value of 2 BLACKSMITH CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2006 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKSMITH CLOSE has not materially changed since October 2006.

Where is 2 BLACKSMITH CLOSE?

2 BLACKSMITH CLOSE is located in SPRINGFIELD, in the CM1 postcode district.