2, SHELDRICK LINK, SPRINGFIELD, CHELMSFORD, CM2 6GJ - £225,000

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 SHELDRICK LINK is a detached house, which could now be worth an estimated £494,217. It was last sold for £225,000 in May 2004, which was around 28% below the average May 2004 detached price in the Chelmsford local authority area.

2 SHELDRICK LINK Sold Prices

Land registry data shows three sales for 2 SHELDRICK LINK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 2 SHELDRICK LINK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 21 MAY	£225,000	£313,064	28% below HPI
2002 20 DEC	£182,950	£280,602	35% below HPI
2002 19 FEB	£157,750	£224,861	30% below HPI

What might 2 SHELDRICK LINK be worth now?

2 SHELDRICK LINK might now be worth an estimated £494,217.

This is based on house price inflation of 119.7%, between May 2004 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 119.7% inflationary increase is applied to the most recent sale price for 2 SHELDRICK LINK of £225,000 on 21st May 2004. For the value to have increased from £225,000 to £494,217 over the 22 years and one month to April 2026, the following assumptions must hold true:

• The value of 2 SHELDRICK LINK has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2004 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHELDRICK LINK has not materially changed since May 2004.

Where is 2 SHELDRICK LINK?

2 SHELDRICK LINK is located in SPRINGFIELD, in the CM2 postcode district.