5 Ernest Webb Drive

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

    This detached freehold property on Ernest Webb Drive last sold in July 2023 for £540,000. Based on price growth in the CM1 district since then, its estimated current value is £542,748 — placing it in the 82nd percentile nationally and the 75th percentile within CM1. The property covers 115 m² (1,238 sq ft), giving an estimated value of £4,720 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £540,000

    Jul 2023

    Estimated Valuation

    £542,748

    Est. £/sq ft

    £438/sq ft

    £4,720/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,238 sq ft (115 m²)
    EPC dateJul 2023
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2023

    New build

    £540,000

    Key Metrics

    Estimated valuation£542,748
    Value per sq ft / m²£438/sq ft (£4,720/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile75th percentile
    National percentile82nd 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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