48, ALBEMARLE LINK, SPRINGFIELD, CHELMSFORD, CM1 6AG - £426,000

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.

48 ALBEMARLE LINK is a very large terraced house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £524,060. It was last sold for £426,000 in January 2018, which was around 54% above the average January 2018 terraced price in the Chelmsford local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

48 ALBEMARLE LINK Sold Prices

Land registry data shows one sale for 48 ALBEMARLE LINK 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
2018 12 JAN	£426,000	£277,503	54% above HPI

What might 48 ALBEMARLE LINK be worth now?

48 ALBEMARLE LINK might now be worth an estimated £524,060.

This is based on house price inflation of 23%, between January 2018 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 23% inflationary increase is applied to the most recent sale price for 48 ALBEMARLE LINK of £426,000 on 12th January 2018. For the value to have increased from £426,000 to £524,060 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 48 ALBEMARLE LINK has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The January 2018 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of 48 ALBEMARLE LINK has not materially changed since January 2018.

How Large is 48 ALBEMARLE LINK?

48 ALBEMARLE LINK is 138m² according to the EPC inspection conducted in December 2016. 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 48 ALBEMARLE LINK lies on this distribution: 95% of terraced houses are smaller than 48 ALBEMARLE LINK, and 5% of terraced houses are larger. Note that EPC data is not available for all properties in Chelmsford.

48 ALBEMARLE LINK: Plot

48 ALBEMARLE LINK sits on a plot of roughly 0.044 of an acre, or 177m².

Where is 48 ALBEMARLE LINK?

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