46, WHARTON DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6BF - £305,000

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 WHARTON DRIVE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £305,000 in January 2012, which was around 17% below the average January 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

46 WHARTON DRIVE Sold Prices

Land registry data shows two sales for 46 WHARTON 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 WHARTON 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 23 JAN	£305,000	£367,672	17% below HPI
2005 3 JUN	£277,000	£328,061	16% below HPI

46 WHARTON 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 WHARTON DRIVE sales from June 2005 and January 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 June 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 46 WHARTON DRIVE?

46 WHARTON DRIVE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2024. 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 46 WHARTON DRIVE lies on this distribution: 47% of detached houses are smaller than 46 WHARTON DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

46 WHARTON DRIVE: Plot and Title Map

46 WHARTON DRIVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 46 WHARTON 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 WHARTON 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 WHARTON DRIVE?

46 WHARTON DRIVE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 46 on WHARTON DRIVE.