45, ALBEMARLE LINK, SPRINGFIELD, CHELMSFORD, CM1 6AH - £600,000

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.

45 ALBEMARLE LINK is a large extended detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £694,370. It was last sold for £600,000 in March 2019, which was around 1% above the average March 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

45 ALBEMARLE LINK Sold Prices

Land registry data shows one sale for 45 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 4 MAR	£600,000	£595,402	1% above HPI

What might 45 ALBEMARLE LINK be worth now?

45 ALBEMARLE LINK might now be worth an estimated £694,370.

This is based on house price inflation of 15.7%, between March 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 15.7% inflationary increase is applied to the most recent sale price for 45 ALBEMARLE LINK of £600,000 on 4th March 2019. For the value to have increased from £600,000 to £694,370 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 45 ALBEMARLE LINK has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2019 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 45 ALBEMARLE LINK has not materially changed since March 2019.

How Large is 45 ALBEMARLE LINK?

45 ALBEMARLE LINK is 158m², which includes one extension, according to the EPC inspection conducted in October 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 45 ALBEMARLE LINK lies on this distribution: 77% of detached houses are smaller than 45 ALBEMARLE LINK, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

45 ALBEMARLE LINK: Plot

45 ALBEMARLE LINK sits on a plot of roughly 0.105 of an acre, or 423m².

Where is 45 ALBEMARLE LINK?

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