42, LABURNUM DRIVE, CHELMSFORD, CM2 9NX - £228,500

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

42 LABURNUM DRIVE is a very small semi-detached house of 82m², built sometime between 1950 and 1966. It was last sold for £228,500 in June 2012, which was around 40% below the average June 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

42 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 42 LABURNUM 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 42 LABURNUM 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
2012 28 JUN	£228,500	£378,327	40% below HPI
2009 7 AUG	£197,500	£338,588	42% below HPI

42 LABURNUM 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 42 LABURNUM DRIVE sales from August 2009 and June 2012 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 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2012 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 42 LABURNUM DRIVE?

42 LABURNUM DRIVE is 82m² according to the EPC inspection conducted in March 2012. 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 42 LABURNUM DRIVE lies on this distribution: 12% of detached houses are smaller than 42 LABURNUM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

42 LABURNUM DRIVE: Plot and Title Map

42 LABURNUM DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 42 LABURNUM 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 42 LABURNUM 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 42 LABURNUM DRIVE?

42 LABURNUM DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 42 on LABURNUM DRIVE.