37, SPENLOW DRIVE, CHELMSFORD, CM1 4UQ - £535,000

37 SPENLOW DRIVE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £535,000 in October 2022, which was around 22% below the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

37 SPENLOW DRIVE Sold Prices

Land registry data shows three sales for 37 SPENLOW 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 37 SPENLOW 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
2022 27 OCT	£535,000	£689,709	22% below HPI
2010 11 AUG	£272,500	£367,714	26% below HPI
1995 29 SEP	£102,000	£105,619	3% below HPI

37 SPENLOW 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 37 SPENLOW DRIVE sales between September 1995 and October 2022 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 August 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 37 SPENLOW DRIVE?

37 SPENLOW DRIVE is 79m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 37 SPENLOW DRIVE lies on this distribution: 10% of detached houses are smaller than 37 SPENLOW DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

37 SPENLOW DRIVE: Plot and Title Map

37 SPENLOW DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 37 SPENLOW 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 37 SPENLOW 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 37 SPENLOW DRIVE?

37 SPENLOW DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 37 on SPENLOW DRIVE.