21, SHEPPARD DRIVE, CHELMSFORD, CM2 6QE - £415,000

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

21 SHEPPARD DRIVE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £415,000 in November 2023, which was around 38% below the average November 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

21 SHEPPARD DRIVE Sold Prices

Land registry data shows seven sales for 21 SHEPPARD DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the seven 21 SHEPPARD 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
2023 17 NOV	£415,000	£664,252	38% below HPI
2022 23 DEC	£450,000	£685,542	34% below HPI
2015 13 MAR	£304,000	£450,873	33% below HPI
2005 22 APR	£222,000	£320,173	31% below HPI
2001 5 NOV	£139,500	£216,732	36% below HPI
2001 26 OCT	£133,000	£216,071	38% below HPI
1999 29 NOV	£109,000	£163,282	33% below HPI

21 SHEPPARD 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 seven 21 SHEPPARD DRIVE sales between November 1999 and November 2023 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 December 2022 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 21 SHEPPARD DRIVE?

21 SHEPPARD DRIVE is 83m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 21 SHEPPARD DRIVE lies on this distribution: 13% of detached houses are smaller than 21 SHEPPARD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

21 SHEPPARD DRIVE: Plot and Title Map

21 SHEPPARD DRIVE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 21 SHEPPARD 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 21 SHEPPARD 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 21 SHEPPARD DRIVE?

21 SHEPPARD DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 21 on SHEPPARD DRIVE.