6, TOWNSEND, SPRINGFIELD, CHELMSFORD, CM2 6GB - £127,500

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.

6 TOWNSEND is a very small flat of 43m², built sometime between 1991 and 1995, which could now be worth an estimated £135,797. It was last sold for £127,500 in November 2019, which was around 35% below the average November 2019 flat price in the Chelmsford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

6 TOWNSEND Sold Prices

Land registry data shows four sales for 6 TOWNSEND since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. All of the four 6 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
2019 15 NOV	£127,500	£197,626	35% below HPI
2016 29 JAN	£97,500	£173,423	44% below HPI
2008 7 FEB	£103,000	£153,202	33% below HPI
2005 5 JUL	£90,000	£133,527	33% below HPI

What might 6 TOWNSEND be worth now?

6 TOWNSEND might now be worth an estimated £135,797.

This is based on house price inflation of 6.5%, between November 2019 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 6.5% inflationary increase is applied to the most recent sale price for 6 TOWNSEND of £127,500 on 15th November 2019. For the value to have increased from £127,500 to £135,797 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 6 TOWNSEND has moved in line with the HPI for flats in the Chelmsford local authority area.
• The November 2019 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 6 TOWNSEND has not materially changed since November 2019.

How Large is 6 TOWNSEND?

6 TOWNSEND is 43m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of flats in Chelmsford, based on EPC data. 15% of flats are smaller than 6 TOWNSEND, and 83% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

6 TOWNSEND: Plot

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

Where is 6 TOWNSEND?

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