16 Springfield Park Lane

    16, SPRINGFIELD PARK LANE, CHELMSFORD, CM2 6EQ

    This semi-detached freehold property on Springfield Park Lane last sold in May 2023 for £327,000. Based on price growth in the CM2 district since then, its estimated current value is £332,428 — placing it in the 56th percentile nationally and the 31st percentile within CM2. The property covers 73 m² (786 sq ft), giving an estimated value of £4,554 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £327,000

    May 2023

    Estimated Valuation

    £332,428

    Est. £/sq ft

    £423/sq ft

    £4,554/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2023

    £327,000

    Key Metrics

    Estimated valuation£332,428
    Value per sq ft / m²£423/sq ft (£4,554/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile31st percentile
    National percentile56th percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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