34, MARTINGALE DRIVE, CHELMSFORD, CM1 6FN - £313,500

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

34 MARTINGALE DRIVE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £313,500 in May 2008, which was around 18% below the average May 2008 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

34 MARTINGALE DRIVE Sold Prices

Land registry data shows four sales for 34 MARTINGALE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 34 MARTINGALE 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
2008 13 MAY	£313,500	£381,013	18% below HPI
2004 19 MAR	£250,000	£310,731	20% below HPI
1999 16 SEP	£105,000	£156,881	33% below HPI
1996 30 APR	£71,500	£102,160	30% below HPI

34 MARTINGALE 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 four 34 MARTINGALE DRIVE sales between April 1996 and May 2008 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 March 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2008 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 34 MARTINGALE DRIVE?

34 MARTINGALE DRIVE is 112m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 34 MARTINGALE DRIVE lies on this distribution: 43% of detached houses are smaller than 34 MARTINGALE DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

34 MARTINGALE DRIVE: Plot and Title Map

34 MARTINGALE DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 34 MARTINGALE 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 34 MARTINGALE 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 34 MARTINGALE DRIVE?

34 MARTINGALE DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 34 on MARTINGALE DRIVE.