22, THE DRIVE, CHELMSFORD, CM1 4JS - £349,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

22 THE DRIVE is a very small semi-detached house of 71m², built sometime between 1930 and 1949. It was last sold for £349,500 in January 2017, which was around 35% below the average January 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

22 THE DRIVE Sold Prices

Land registry data shows two sales for 22 THE 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 22 THE 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
2017 17 JAN	£349,500	£537,671	35% below HPI
2016 15 JUN	£230,000	£514,157	55% below HPI

22 THE 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 22 THE DRIVE sales from June 2016 and January 2017 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 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 22 THE DRIVE?

22 THE DRIVE is 71m² according to the EPC inspection conducted in August 2016. 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 22 THE DRIVE lies on this distribution: 5% of detached houses are smaller than 22 THE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

22 THE DRIVE: Plot and Title Map

22 THE DRIVE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 22 THE 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 22 THE 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 22 THE DRIVE?

22 THE DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 22 on THE DRIVE.