32, THE DRIVE, CHELMSFORD, CM1 4JS - £650,000

32 THE DRIVE is a very large extended detached house of 175m², built sometime between 1930 and 1949. It was last sold for £650,000 in February 2021, which was around 8% above the average February 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

32 THE DRIVE Sold Prices

Land registry data shows two sales for 32 THE 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. One of the two 32 THE DRIVE sales was for above the average price, whilst the other was 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 19 FEB	£650,000	£603,114	8% above HPI
2001 19 APR	£136,000	£199,471	32% below HPI

32 THE 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 32 THE DRIVE sales from April 2001 and February 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 April 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 32 THE DRIVE?

32 THE DRIVE is 175m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 32 THE DRIVE lies on this distribution: 85% of detached houses are smaller than 32 THE DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

32 THE DRIVE: Plot and Title Map

32 THE DRIVE sits on a plot of roughly 0.209 of an acre, or 848m². The below map shows the location of 32 THE 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 32 THE 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 32 THE DRIVE?

32 THE DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 32 on THE DRIVE.