23, WAVENEY DRIVE, CHELMSFORD, CM1 7PX - £425,000

23 WAVENEY DRIVE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £425,000 in March 2021, which was around 29% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

23 WAVENEY DRIVE Sold Prices

Land registry data shows two sales for 23 WAVENEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 23 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
2021 2 MAR	£425,000	£598,971	29% below HPI
2013 12 DEC	£250,000	£399,905	37% below HPI

23 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 two 23 WAVENEY DRIVE sales from December 2013 and March 2021 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 December 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 23 WAVENEY DRIVE?

23 WAVENEY DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 23 WAVENEY DRIVE lies on this distribution: 43% of detached houses are smaller than 23 WAVENEY DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

23 WAVENEY DRIVE: Plot and Title Map

23 WAVENEY DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 23 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 23 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 23 WAVENEY DRIVE?

23 WAVENEY DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 23 on WAVENEY DRIVE.