5, WEBB CLOSE, SPRINGFIELD, CHELMSFORD, CM2 6GQ - £190,000

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 WEBB CLOSE is a detached house, which could now be worth an estimated £596,476. It was last sold for £190,000 in November 2001, which was around 13% below the average November 2001 detached price in the Chelmsford local authority area.

5 WEBB CLOSE Sold Prices

Land registry data shows one sale for 5 WEBB CLOSE 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
2001 29 NOV	£190,000	£219,043	13% below HPI

What might 5 WEBB CLOSE be worth now?

5 WEBB CLOSE might now be worth an estimated £596,476.

This is based on house price inflation of 213.9%, between November 2001 and April 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 213.9% inflationary increase is applied to the most recent sale price for 5 WEBB CLOSE of £190,000 on 29th November 2001. For the value to have increased from £190,000 to £596,476 over the 25 years and seven months to April 2026, the following assumptions must hold true:

• The value of 5 WEBB CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2001 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WEBB CLOSE has not materially changed since November 2001.

Where is 5 WEBB CLOSE?

5 WEBB CLOSE is located in SPRINGFIELD, in the CM2 postcode district.