4, TOWNSEND, SPRINGFIELD, CHELMSFORD, CM2 6GB - £90,000

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 TOWNSEND is a very small flat of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £133,878. It was last sold for £90,000 in January 2014, which was around 36% below the average January 2014 flat price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

4 TOWNSEND Sold Prices

Land registry data shows two sales for 4 TOWNSEND 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 4 TOWNSEND sales were for below 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 17 JAN	£90,000	£141,500	36% below HPI
2005 24 MAR	£90,000	£130,210	31% below HPI

What might 4 TOWNSEND be worth now?

4 TOWNSEND might now be worth an estimated £133,878.

This is based on house price inflation of 48.8%, between January 2014 and April 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 48.8% inflationary increase is applied to the most recent sale price for 4 TOWNSEND of £90,000 on 17th January 2014. For the value to have increased from £90,000 to £133,878 over the eleven years and nine months to April 2026, the following assumptions must hold true:

• The value of 4 TOWNSEND has moved in line with the HPI for flats in the Chelmsford local authority area.
• The January 2014 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TOWNSEND has not materially changed since January 2014.

How Large is 4 TOWNSEND?

4 TOWNSEND is 43m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of flats in Chelmsford, based on EPC data. 15% of flats are smaller than 4 TOWNSEND, and 83% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

4 TOWNSEND: Plot

4 TOWNSEND sits on a plot of roughly 0.129 of an acre, or 522m².

Where is 4 TOWNSEND?

4 TOWNSEND is located in SPRINGFIELD, in the CM2 postcode district.