5, SIDNEY PLACE, SPRINGFIELD, CHELMSFORD, CM1 6BE - £560,000

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.

5 SIDNEY PLACE is a very large extended detached house of 211m², built sometime between 1996 and 2002, which could now be worth an estimated £1,071,533. It was last sold for £560,000 in March 2007, which was around 56% above the average March 2007 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

5 SIDNEY PLACE Sold Prices

Land registry data shows one sale for 5 SIDNEY PLACE 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
2007 22 MAR	£560,000	£360,108	56% above HPI

What might 5 SIDNEY PLACE be worth now?

5 SIDNEY PLACE might now be worth an estimated £1,071,533.

This is based on house price inflation of 91.3%, between March 2007 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 91.3% inflationary increase is applied to the most recent sale price for 5 SIDNEY PLACE of £560,000 on 22nd March 2007. For the value to have increased from £560,000 to £1,071,533 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 SIDNEY PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2007 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SIDNEY PLACE has not materially changed since March 2007.

How Large is 5 SIDNEY PLACE?

5 SIDNEY PLACE is 211m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 5 SIDNEY PLACE lies on this distribution: 93% of detached houses are smaller than 5 SIDNEY PLACE, and 7% of detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 SIDNEY PLACE: Plot

5 SIDNEY PLACE sits on a plot of roughly 0.173 of an acre, or 700m².

Where is 5 SIDNEY PLACE?

5 SIDNEY PLACE is located in SPRINGFIELD, in the CM1 postcode district.