40, CARRIAGE DRIVE, CHELMSFORD, CM1 6UY - £410,000

40 CARRIAGE DRIVE is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £410,000 in January 2021, which was around 32% below the average January 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

40 CARRIAGE DRIVE Sold Prices

Land registry data shows four sales for 40 CARRIAGE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 40 CARRIAGE 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 29 JAN	£410,000	£599,150	32% below HPI
2015 10 AUG	£330,000	£473,341	30% below HPI
1999 21 DEC	£140,000	£167,082	16% below HPI
1997 18 DEC	£118,000	£132,475	11% below HPI

40 CARRIAGE 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 four 40 CARRIAGE DRIVE sales between December 1997 and January 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 August 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 40 CARRIAGE DRIVE?

40 CARRIAGE DRIVE is 107m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 40 CARRIAGE DRIVE lies on this distribution: 37% of detached houses are smaller than 40 CARRIAGE DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

40 CARRIAGE DRIVE: Plot and Title Map

40 CARRIAGE DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 40 CARRIAGE 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 40 CARRIAGE 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 40 CARRIAGE DRIVE?

40 CARRIAGE DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 40 on CARRIAGE DRIVE.