4, FITCH CLOSE, SPRINGFIELD, CHELMSFORD, CM1 6DA - £700,000

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 FITCH CLOSE is a very large terraced house of 234m², built in 2019, which could now be worth an estimated £826,548. It was last sold for £700,000 in May 2019, which was around 142% above the average May 2019 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

4 FITCH CLOSE Sold Prices

Land registry data shows one sale for 4 FITCH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 30 MAY	£700,000	£289,114	142% above HPI

What might 4 FITCH CLOSE be worth now?

4 FITCH CLOSE might now be worth an estimated £826,548.

This is based on house price inflation of 18.1%, between May 2019 and May 2026, for terraced 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 18.1% inflationary increase is applied to the most recent sale price for 4 FITCH CLOSE of £700,000 on 30th May 2019. For the value to have increased from £700,000 to £826,548 over the seven years to May 2026, the following assumptions must hold true:

• The value of 4 FITCH CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2019 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FITCH CLOSE has not materially changed since May 2019.

How Large is 4 FITCH CLOSE?

4 FITCH CLOSE is 234m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of terraced houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses by size in Chelmsford, and where 4 FITCH CLOSE lies on this distribution: More than 99% of terraced houses are smaller than 4 FITCH CLOSE, and less than 1% of terraced houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 FITCH CLOSE: Plot

4 FITCH CLOSE sits on a plot of roughly 0.087 of an acre, or 351m².

Where is 4 FITCH CLOSE?

4 FITCH CLOSE is located in SPRINGFIELD, in the CM1 postcode district.