55, QUILP DRIVE, CHELMSFORD, CM1 4YD - £525,000

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

55 QUILP DRIVE is a large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £525,000 in May 2021, which was around 11% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

55 QUILP DRIVE Sold Prices

Land registry data shows three sales for 55 QUILP DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 55 QUILP 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
2021 14 MAY	£525,000	£587,540	11% below HPI
2021 30 APR	£490,000	£590,278	17% below HPI
2008 20 MAR	£307,000	£380,306	19% below HPI

55 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 three 55 QUILP DRIVE sales between March 2008 and May 2021 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 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 55 QUILP DRIVE?

55 QUILP DRIVE is 155m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 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 55 QUILP DRIVE lies on this distribution: 75% of detached houses are smaller than 55 QUILP DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

55 QUILP DRIVE: Plot and Title Map

55 QUILP DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 55 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 55 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 55 QUILP DRIVE?

55 QUILP DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 55 on QUILP DRIVE.