47, LABURNUM DRIVE, CHELMSFORD, CM2 9NR - £399,000

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

47 LABURNUM DRIVE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £399,000 in February 2022, which was around 39% below the average February 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

47 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 47 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 47 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
2022 25 FEB	£399,000	£650,942	39% below HPI
2001 18 DEC	£117,000	£219,796	47% below HPI

47 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 47 LABURNUM DRIVE sales from December 2001 and February 2022 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 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 47 LABURNUM DRIVE?

47 LABURNUM DRIVE is 81m² according to the EPC inspection conducted in July 2021. 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 47 LABURNUM DRIVE lies on this distribution: 11% of detached houses are smaller than 47 LABURNUM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

47 LABURNUM DRIVE: Plot and Title Map

47 LABURNUM DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 47 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 47 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 47 LABURNUM DRIVE?

47 LABURNUM DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 47 on LABURNUM DRIVE.