31, NASH DRIVE, BROOMFIELD, CHELMSFORD, CM1 7BG - £365,000

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

31 NASH DRIVE is a very small extended detached house of 73m², built sometime between 1983 and 1990. It was last sold for £365,000 in March 2022, which was around 44% below the average March 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

31 NASH DRIVE Sold Prices

Land registry data shows five sales for 31 NASH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 31 NASH 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
2022 21 MAR	£365,000	£653,735	44% below HPI
2005 17 JUN	£206,000	£328,061	37% below HPI
2004 11 FEB	£195,000	£306,460	36% below HPI
2000 24 JUL	£133,000	£186,211	29% below HPI
1998 18 SEP	£105,000	£146,063	28% below HPI

31 NASH 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 five 31 NASH DRIVE sales between September 1998 and March 2022 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 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 31 NASH DRIVE?

31 NASH DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 31 NASH DRIVE lies on this distribution: 8% of detached houses are smaller than 31 NASH DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

31 NASH DRIVE: Plot and Title Map

31 NASH DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 31 NASH 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 31 NASH 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 31 NASH DRIVE?

31 NASH DRIVE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 31 on NASH DRIVE.