47, PADDOCK DRIVE, CHELMSFORD, CM1 6UX - £450,000

47 PADDOCK DRIVE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £450,000 in June 2023, which was around 33% below the average June 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

47 PADDOCK DRIVE Sold Prices

Land registry data shows two sales for 47 PADDOCK 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 47 PADDOCK 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
2023 9 JUN	£450,000	£669,246	33% below HPI
2017 30 OCT	£372,000	£559,243	33% below HPI

47 PADDOCK 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 47 PADDOCK DRIVE sales from October 2017 and June 2023 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 October 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2023 sale, which was also at 33% below the HPI.

How Large is 47 PADDOCK DRIVE?

47 PADDOCK DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 47 PADDOCK DRIVE lies on this distribution: 12% of detached houses are smaller than 47 PADDOCK DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

47 PADDOCK DRIVE: Plot and Title Map

47 PADDOCK DRIVE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 47 PADDOCK 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 47 PADDOCK 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 47 PADDOCK DRIVE?

47 PADDOCK DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 47 on PADDOCK DRIVE.