2, CORNFLOWER DRIVE, CHELMSFORD, CM1 6XY - £87,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CORNFLOWER DRIVE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £87,000 in July 1999, which was around 42% below the average July 1999 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

2 CORNFLOWER DRIVE Sold Prices

Land registry data shows two sales for 2 CORNFLOWER 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 2 CORNFLOWER 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
1999 15 JUL	£87,000	£149,452	42% below HPI
1995 24 NOV	£57,000	£105,414	46% below HPI

2 CORNFLOWER 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 2 CORNFLOWER DRIVE sales from November 1995 and July 1999 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 November 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 1999 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 CORNFLOWER DRIVE?

2 CORNFLOWER DRIVE is 67m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 2 CORNFLOWER DRIVE lies on this distribution: 4% of detached houses are smaller than 2 CORNFLOWER DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 CORNFLOWER DRIVE: Plot and Title Map

2 CORNFLOWER DRIVE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 CORNFLOWER 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 2 CORNFLOWER 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 2 CORNFLOWER DRIVE?

2 CORNFLOWER DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on CORNFLOWER DRIVE.