24, LINNET DRIVE, CHELMSFORD, CM2 8AE - £320,000

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

24 LINNET DRIVE is a very small semi-detached house of 88m², built sometime between 1950 and 1966. It was last sold for £320,000 in June 2016, which was around 38% below the average June 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

24 LINNET DRIVE Sold Prices

Land registry data shows three sales for 24 LINNET 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 24 LINNET 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
2016 17 JUN	£320,000	£514,157	38% below HPI
2005 26 AUG	£193,000	£331,894	42% below HPI
2001 26 MAR	£139,000	£196,549	29% below HPI

24 LINNET 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 24 LINNET DRIVE sales between March 2001 and June 2016 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 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 LINNET DRIVE?

24 LINNET DRIVE is 88m² according to the EPC inspection conducted in January 2016. 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 24 LINNET DRIVE lies on this distribution: 17% of detached houses are smaller than 24 LINNET DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

24 LINNET DRIVE: Plot and Title Map

24 LINNET DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 24 LINNET 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 24 LINNET 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 24 LINNET DRIVE?

24 LINNET DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 24 on LINNET DRIVE.