55, PADDOCK DRIVE, CHELMSFORD, CM1 6UX - £416,000

55 PADDOCK DRIVE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £416,000 in September 2021, which was around 32% below the average September 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

55 PADDOCK DRIVE Sold Prices

Land registry data shows four sales for 55 PADDOCK 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 55 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
2021 29 SEP	£416,000	£608,459	32% below HPI
2011 4 AUG	£236,000	£367,970	36% below HPI
2008 16 JUL	£241,000	£379,188	36% below HPI
2005 14 JAN	£210,000	£326,385	36% below HPI

55 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 four 55 PADDOCK DRIVE sales between January 2005 and September 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 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 55 PADDOCK DRIVE?

55 PADDOCK DRIVE is 99m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 55 PADDOCK DRIVE lies on this distribution: 28% of detached houses are smaller than 55 PADDOCK DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

55 PADDOCK DRIVE: Plot and Title Map

55 PADDOCK DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 55 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 55 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 55 PADDOCK DRIVE?

55 PADDOCK DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 55 on PADDOCK DRIVE.