1, EARLSFIELD DRIVE, CHELMSFORD, CM2 6SX - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 EARLSFIELD DRIVE is a very small extended detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £420,434. It was last sold for £425,000 in May 2022, which was around 37% below the average May 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

1 EARLSFIELD DRIVE Sold Prices

Land registry data shows two sales for 1 EARLSFIELD 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 1 EARLSFIELD 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 17 MAY	£425,000	£672,729	37% below HPI
2012 27 SEP	£250,000	£394,641	37% below HPI

1 EARLSFIELD 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 1 EARLSFIELD DRIVE sales from September 2012 and May 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 September 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, which was also at 37% below the HPI.

What might 1 EARLSFIELD DRIVE be worth now?

1 EARLSFIELD DRIVE might now be worth an estimated £420,434.

This is based on house price deflation of 1.1%, between May 2022 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for 1 EARLSFIELD DRIVE of £425,000 on 17th May 2022. For the value to have decreased from £425,000 to £420,434 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 EARLSFIELD DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EARLSFIELD DRIVE has not materially changed since May 2022.

How Large is 1 EARLSFIELD DRIVE?

1 EARLSFIELD DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 1 EARLSFIELD DRIVE lies on this distribution: 13% of detached houses houses are smaller than 1 EARLSFIELD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 EARLSFIELD DRIVE: Plot and Title Map

1 EARLSFIELD DRIVE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 1 EARLSFIELD 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 EARLSFIELD 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 EARLSFIELD DRIVE?

1 EARLSFIELD DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 1 on EARLSFIELD DRIVE.