11, WAVENEY DRIVE, CHELMSFORD, CM1 7PX - £507,500

11 WAVENEY DRIVE is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £507,500 in November 2016, which was around 5% below the average November 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was D.

11 WAVENEY DRIVE Sold Prices

Land registry data shows three sales for 11 WAVENEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 11 WAVENEY DRIVE 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
2016 11 NOV	£507,500	£534,455	5% below HPI
2011 14 NOV	£100,000	£367,757	73% below HPI
2000 8 DEC	£185,000	£195,389	5% below HPI

11 WAVENEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 11 WAVENEY DRIVE sales between December 2000 and November 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2011 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the November 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 WAVENEY DRIVE?

11 WAVENEY DRIVE is 127m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 11 WAVENEY DRIVE lies on this distribution: 56% of detached houses are smaller than 11 WAVENEY DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 WAVENEY DRIVE: Plot and Title Map

11 WAVENEY DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 11 WAVENEY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 WAVENEY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 WAVENEY DRIVE?

11 WAVENEY DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 11 on WAVENEY DRIVE.