41, SPENLOW DRIVE, CHELMSFORD, CM1 4UQ - £445,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 SPENLOW DRIVE is a midsized detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £645,049. It was last sold for £445,000 in April 2015, which was around 3% below the average April 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

41 SPENLOW DRIVE Sold Prices

Land registry data shows two sales for 41 SPENLOW 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 41 SPENLOW 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
2015 30 APR	£445,000	£459,109	3% below HPI
2000 17 NOV	£190,000	£199,495	5% below HPI

41 SPENLOW 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 41 SPENLOW DRIVE sales from November 2000 and April 2015 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 November 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 41 SPENLOW DRIVE be worth now?

41 SPENLOW DRIVE might now be worth an estimated £645,049.

This is based on house price inflation of 45%, between April 2015 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 41 SPENLOW DRIVE of £445,000 on 30th April 2015. For the value to have increased from £445,000 to £645,049 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 41 SPENLOW DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2015 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 41 SPENLOW DRIVE has not materially changed since April 2015.

How Large is 41 SPENLOW DRIVE?

41 SPENLOW DRIVE is 128m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 41 SPENLOW DRIVE lies on this distribution: 56% of detached houses houses are smaller than 41 SPENLOW DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

41 SPENLOW DRIVE: Plot and Title Map

41 SPENLOW DRIVE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 41 SPENLOW 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 41 SPENLOW 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 41 SPENLOW DRIVE?

41 SPENLOW DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 41 on SPENLOW DRIVE.