50, PADDOCK DRIVE, CHELMSFORD, CM1 6UX - £339,950

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

50 PADDOCK DRIVE is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £339,950 in September 2014, which was around 23% below the average September 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

50 PADDOCK DRIVE Sold Prices

Land registry data shows two sales for 50 PADDOCK 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 50 PADDOCK 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 18 SEP	£339,950	£440,884	23% below HPI
2002 29 AUG	£208,000	£257,123	19% below HPI

50 PADDOCK 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 50 PADDOCK DRIVE sales from August 2002 and September 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 August 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 50 PADDOCK DRIVE?

50 PADDOCK DRIVE is 87m², which includes two extensions, according to the EPC inspection conducted in May 2024. 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 50 PADDOCK DRIVE lies on this distribution: 17% of detached houses are smaller than 50 PADDOCK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

50 PADDOCK DRIVE: Plot and Title Map

50 PADDOCK DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 50 PADDOCK 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 50 PADDOCK 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 50 PADDOCK DRIVE?

50 PADDOCK DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 50 on PADDOCK DRIVE.