2, COWDRIE WAY, SPRINGFIELD, CHELMSFORD, CM2 6GL - £533,000

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 COWDRIE WAY is a very large extended semi-detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £620,050. It was last sold for £533,000 in January 2021, which was around 46% above the average January 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 COWDRIE WAY Sold Prices

Land registry data shows one sale for 2 COWDRIE WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 25 JAN	£533,000	£366,224	46% above HPI

What might 2 COWDRIE WAY be worth now?

2 COWDRIE WAY might now be worth an estimated £620,050.

This is based on house price inflation of 16.3%, between January 2021 and April 2026, for semi-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 16.3% inflationary increase is applied to the most recent sale price for 2 COWDRIE WAY of £533,000 on 25th January 2021. For the value to have increased from £533,000 to £620,050 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 COWDRIE WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The January 2021 sale price of £533,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COWDRIE WAY has not materially changed since January 2021.

How Large is 2 COWDRIE WAY?

2 COWDRIE WAY is 122m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of semi-detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chelmsford, and where 2 COWDRIE WAY lies on this distribution: 85% of semi-detached houses are smaller than 2 COWDRIE WAY, and 14% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 COWDRIE WAY: Plot

2 COWDRIE WAY sits on a plot of roughly 0.050 of an acre, or 204m².

Where is 2 COWDRIE WAY?

2 COWDRIE WAY is located in SPRINGFIELD, in the CM2 postcode district.