4, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PL - £185,000

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 STANLEY RISE is a small flat of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £245,840. It was last sold for £185,000 in November 2014, which was around 16% above the average November 2014 flat price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

4 STANLEY RISE Sold Prices

Land registry data shows three sales for 4 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. All of the three 4 STANLEY RISE 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
2014 14 NOV	£185,000	£158,985	16% above HPI
2009 13 NOV	£144,000	£133,866	8% above HPI
1996 20 DEC	£48,500	£40,184	21% above HPI

What might 4 STANLEY RISE be worth now?

4 STANLEY RISE might now be worth an estimated £245,840.

This is based on house price inflation of 32.9%, between November 2014 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 32.9% inflationary increase is applied to the most recent sale price for 4 STANLEY RISE of £185,000 on 14th November 2014. For the value to have increased from £185,000 to £245,840 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 4 STANLEY RISE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The November 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STANLEY RISE has not materially changed since November 2014.

How Large is 4 STANLEY RISE?

4 STANLEY RISE is 51m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of flats in Chelmsford, based on EPC data. 36% of flats are smaller than 4 STANLEY RISE, and 60% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

4 STANLEY RISE: Plot

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

Where is 4 STANLEY RISE?

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