4, ALBEMARLE LINK, SPRINGFIELD, CHELMSFORD, CM1 6AG - £635,000

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.

4 ALBEMARLE LINK is a large detached house of 160m², built sometime between 2003 and 2006, which could now be worth an estimated £741,924. It was last sold for £635,000 in June 2019, which was around 8% above the average June 2019 detached 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 B.

4 ALBEMARLE LINK Sold Prices

Land registry data shows one sale for 4 ALBEMARLE LINK 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
2019 12 JUN	£635,000	£589,745	8% above HPI

What might 4 ALBEMARLE LINK be worth now?

4 ALBEMARLE LINK might now be worth an estimated £741,924.

This is based on house price inflation of 16.8%, between June 2019 and May 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 16.8% inflationary increase is applied to the most recent sale price for 4 ALBEMARLE LINK of £635,000 on 12th June 2019. For the value to have increased from £635,000 to £741,924 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 4 ALBEMARLE LINK has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2019 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ALBEMARLE LINK has not materially changed since June 2019.

How Large is 4 ALBEMARLE LINK?

4 ALBEMARLE LINK is 160m² according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 4 ALBEMARLE LINK lies on this distribution: 78% of detached houses are smaller than 4 ALBEMARLE LINK, and 22% of detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 ALBEMARLE LINK: Plot

4 ALBEMARLE LINK sits on a plot of roughly 0.125 of an acre, or 506m².

Where is 4 ALBEMARLE LINK?

4 ALBEMARLE LINK is located in SPRINGFIELD, in the CM1 postcode district.