12, CHICHESTER DRIVE, CHELMSFORD, CM1 7RY - £473,250

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CHICHESTER DRIVE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £473,250 in July 2020, which was around 19% below the average July 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

12 CHICHESTER DRIVE Sold Prices

Land registry data shows two sales for 12 CHICHESTER 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 12 CHICHESTER 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
2020 24 JUL	£473,250	£583,616	19% below HPI
2006 27 JUN	£299,950	£336,915	11% below HPI

12 CHICHESTER 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 12 CHICHESTER DRIVE sales from June 2006 and July 2020 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 June 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 CHICHESTER DRIVE?

12 CHICHESTER DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 12 CHICHESTER DRIVE lies on this distribution: 44% of detached houses are smaller than 12 CHICHESTER DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 CHICHESTER DRIVE: Plot and Title Map

12 CHICHESTER DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 12 CHICHESTER 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 12 CHICHESTER 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 12 CHICHESTER DRIVE?

12 CHICHESTER DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 12 on CHICHESTER DRIVE.