20, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PL - £180,000

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.

20 STANLEY RISE is a small flat of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £205,421. It was last sold for £180,000 in July 2016, which was around 3% below the average July 2016 flat price in the Chelmsford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

20 STANLEY RISE Sold Prices

Land registry data shows three sales for 20 STANLEY RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Two of the three 20 STANLEY RISE sales were for below the average price, whilst one was for above 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
2016 26 JUL	£180,000	£185,125	3% below HPI
2003 21 JUL	£112,000	£114,069	2% below HPI
1999 7 SEP	£59,500	£54,336	10% above HPI

What might 20 STANLEY RISE be worth now?

20 STANLEY RISE might now be worth an estimated £205,421.

This is based on house price inflation of 14.1%, between July 2016 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 14.1% inflationary increase is applied to the most recent sale price for 20 STANLEY RISE of £180,000 on 26th July 2016. For the value to have increased from £180,000 to £205,421 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 20 STANLEY RISE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The July 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 20 STANLEY RISE has not materially changed since July 2016.

How Large is 20 STANLEY RISE?

20 STANLEY RISE is 51m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of flats in Chelmsford, based on EPC data. 36% of flats are smaller than 20 STANLEY RISE, and 60% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

20 STANLEY RISE: Plot

20 STANLEY RISE sits on a plot of roughly 2.1 acres, or 8,355m².

Where is 20 STANLEY RISE?

20 STANLEY RISE is located in SPRINGFIELD, in the CM2 postcode district.