46, ALDER DRIVE, CHELMSFORD, CM2 9EZ - £385,000

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

46 ALDER DRIVE is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £385,000 in December 2019, which was around 33% below the average December 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

46 ALDER DRIVE Sold Prices

Land registry data shows two sales for 46 ALDER 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 46 ALDER 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
2019 13 DEC	£385,000	£576,424	33% below HPI
1999 16 DEC	£109,000	£167,082	35% below HPI

46 ALDER 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 46 ALDER DRIVE sales from December 1999 and December 2019 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 December 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 46 ALDER DRIVE?

46 ALDER DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 46 ALDER DRIVE lies on this distribution: 21% of detached houses are smaller than 46 ALDER DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

46 ALDER DRIVE: Plot and Title Map

46 ALDER DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 46 ALDER 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 46 ALDER 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 46 ALDER DRIVE?

46 ALDER DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 46 on ALDER DRIVE.