5, PEREGRINE DRIVE, CHELMSFORD, CM2 8XY - £565,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PEREGRINE DRIVE is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £565,000 in January 2022, which was around 12% below the average January 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.

5 PEREGRINE DRIVE Sold Prices

Land registry data shows two sales for 5 PEREGRINE 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 5 PEREGRINE 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 13 JAN	£565,000	£642,721	12% below HPI
2001 10 OCT	£180,000	£216,071	17% below HPI

5 PEREGRINE 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 5 PEREGRINE DRIVE sales from October 2001 and January 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 October 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 PEREGRINE DRIVE?

5 PEREGRINE DRIVE is 95m² according to the EPC inspection conducted in July 2021. 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 5 PEREGRINE DRIVE lies on this distribution: 24% of detached houses are smaller than 5 PEREGRINE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 PEREGRINE DRIVE: Plot and Title Map

5 PEREGRINE DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 5 PEREGRINE 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 5 PEREGRINE 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 5 PEREGRINE DRIVE?

5 PEREGRINE DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 5 on PEREGRINE DRIVE.