1, CHERWELL DRIVE, CHELMSFORD, CM1 2JJ - £425,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 CHERWELL DRIVE is a midsized extended semi-detached house of 115m², built sometime between 1930 and 1949. It was last sold for £425,000 in June 2024, which was around 35% below the average June 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

1 CHERWELL DRIVE Sold Prices

Land registry data shows four sales for 1 CHERWELL 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 1 CHERWELL 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
2024 14 JUN	£425,000	£651,588	35% below HPI
2016 28 SEP	£288,000	£540,296	47% below HPI
2001 15 AUG	£132,500	£209,836	37% below HPI
1995 8 SEP	£59,000	£105,619	44% below HPI

1 CHERWELL 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 1 CHERWELL DRIVE sales between September 1995 and June 2024 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 September 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 CHERWELL DRIVE?

1 CHERWELL DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 CHERWELL DRIVE lies on this distribution: 45% of detached houses are smaller than 1 CHERWELL DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 CHERWELL DRIVE: Plot and Title Map

1 CHERWELL DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 CHERWELL 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 1 CHERWELL 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 1 CHERWELL DRIVE?

1 CHERWELL DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 1 on CHERWELL DRIVE.