5, SMITHERS DRIVE, CHELMSFORD, CM2 7JP - £345,000

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

5 SMITHERS DRIVE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £345,000 in August 2014, which was around 21% below the average August 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

5 SMITHERS DRIVE Sold Prices

Land registry data shows two sales for 5 SMITHERS 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 SMITHERS 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
2014 1 AUG	£345,000	£435,105	21% below HPI
1999 23 APR	£120,500	£145,092	17% below HPI

5 SMITHERS 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 SMITHERS DRIVE sales from April 1999 and August 2014 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 April 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 SMITHERS DRIVE?

5 SMITHERS DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 SMITHERS DRIVE lies on this distribution: 24% of detached houses are smaller than 5 SMITHERS DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 SMITHERS DRIVE: Plot and Title Map

5 SMITHERS DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 5 SMITHERS 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 SMITHERS 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 SMITHERS DRIVE?

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