12, CHUZZLEWIT DRIVE, CHELMSFORD, CM1 4XQ - £490,000

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 CHUZZLEWIT DRIVE is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £490,000 in May 2022, which was around 26% below the average May 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

12 CHUZZLEWIT DRIVE Sold Prices

Land registry data shows two sales for 12 CHUZZLEWIT 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 CHUZZLEWIT 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 5 MAY	£490,000	£665,632	26% below HPI
2017 16 OCT	£450,000	£559,243	20% below HPI

12 CHUZZLEWIT 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 CHUZZLEWIT DRIVE sales from October 2017 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 October 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 CHUZZLEWIT DRIVE?

12 CHUZZLEWIT DRIVE is 94m² according to the EPC inspection conducted in January 2013. 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 12 CHUZZLEWIT DRIVE lies on this distribution: 22% of detached houses are smaller than 12 CHUZZLEWIT DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 CHUZZLEWIT DRIVE: Plot and Title Map

12 CHUZZLEWIT DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 12 CHUZZLEWIT 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 CHUZZLEWIT 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 CHUZZLEWIT DRIVE?

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