5, QUILP DRIVE, CHELMSFORD, CM1 4YA - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 QUILP DRIVE is a large extended detached house of 144m², built sometime between 1976 and 1982, which could now be worth an estimated £637,774. It was last sold for £440,000 in May 2015, which was around 4% below the average May 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

5 QUILP DRIVE Sold Prices

Land registry data shows two sales for 5 QUILP 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. One of the two 5 QUILP DRIVE sales was for below the average price, whilst the other was for above 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
2015 15 MAY	£440,000	£459,129	4% below HPI
2004 25 AUG	£356,500	£328,718	8% above HPI

5 QUILP 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 QUILP DRIVE sales from August 2004 and May 2015 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 QUILP DRIVE be worth now?

5 QUILP DRIVE might now be worth an estimated £637,774.

This is based on house price inflation of 44.9%, between May 2015 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.9% inflationary increase is applied to the most recent sale price for 5 QUILP DRIVE of £440,000 on 15th May 2015. For the value to have increased from £440,000 to £637,774 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 5 QUILP DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2015 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 5 QUILP DRIVE has not materially changed since May 2015.

How Large is 5 QUILP DRIVE?

5 QUILP DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 5 QUILP DRIVE lies on this distribution: 69% of detached houses houses are smaller than 5 QUILP DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 QUILP DRIVE: Plot and Title Map

5 QUILP DRIVE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 5 QUILP 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 QUILP 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 QUILP DRIVE?

5 QUILP DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 5 on QUILP DRIVE.