2 Ernest Webb Drive

    2, ERNEST WEBB DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6HF

    This detached freehold property on Ernest Webb Drive last sold in June 2023 for £700,000. Based on price growth in the CM1 district since then, its estimated current value is £703,562 — placing it in the 90th percentile nationally and the 90th percentile within CM1. The property covers 149 m² (1,604 sq ft), giving an estimated value of £4,722 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,604 sq ft

    149 m²

    Last Sale Price

    £700,000

    Jun 2023

    Estimated Valuation

    £703,562

    Est. £/sq ft

    £439/sq ft

    £4,722/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,604 sq ft (149 m²)
    EPC dateMay 2023
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2023

    New build

    £700,000

    Key Metrics

    Estimated valuation£703,562
    Value per sq ft / m²£439/sq ft (£4,722/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile90th percentile
    National percentile90th percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

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