18, SMITHERS DRIVE, CHELMSFORD, CM2 7JP - £385,100

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

18 SMITHERS DRIVE is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £385,100 in August 2020, which was around 34% below the average August 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

18 SMITHERS DRIVE Sold Prices

Land registry data shows three sales for 18 SMITHERS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 18 SMITHERS 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 13 AUG	£385,100	£585,467	34% below HPI
1999 27 AUG	£112,000	£153,512	27% below HPI
1995 8 NOV	£82,000	£105,414	22% below HPI

18 SMITHERS 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 three 18 SMITHERS DRIVE sales between November 1995 and August 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 August 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 SMITHERS DRIVE?

18 SMITHERS DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 18 SMITHERS DRIVE lies on this distribution: 24% of detached houses are smaller than 18 SMITHERS DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 SMITHERS DRIVE: Plot and Title Map

18 SMITHERS DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 18 SMITHERS 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 18 SMITHERS 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 18 SMITHERS DRIVE?

18 SMITHERS DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 18 on SMITHERS DRIVE.