23, CENTENARY WAY, SPRINGFIELD, CHELMSFORD, CM1 6AU - £219,000

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.

23 CENTENARY WAY is a small flat of 48m², built sometime from 2012 onwards, which could now be worth an estimated £234,944. It was last sold for £219,000 in February 2019, which was around 11% above the average February 2019 flat price in the Chelmsford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

23 CENTENARY WAY Sold Prices

Land registry data shows two sales for 23 CENTENARY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Both of the two 23 CENTENARY WAY sales were 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
2019 28 FEB	£219,000	£196,933	11% above HPI
2018 26 MAR	£210,000	£199,709	5% above HPI

What might 23 CENTENARY WAY be worth now?

23 CENTENARY WAY might now be worth an estimated £234,944.

This is based on house price inflation of 7.3%, between February 2019 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 7.3% inflationary increase is applied to the most recent sale price for 23 CENTENARY WAY of £219,000 on 28th February 2019. For the value to have increased from £219,000 to £234,944 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 23 CENTENARY WAY has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2019 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CENTENARY WAY has not materially changed since February 2019.

How Large is 23 CENTENARY WAY?

23 CENTENARY WAY is 48m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of flats in Chelmsford, based on EPC data. 27% of flats are smaller than 23 CENTENARY WAY, and 71% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

23 CENTENARY WAY: Plot

23 CENTENARY WAY sits on a plot of roughly 2.1 acres, or 8,500m².

Where is 23 CENTENARY WAY?

23 CENTENARY WAY is located in SPRINGFIELD, in the CM1 postcode district.