7, CHUZZLEWIT DRIVE, CHELMSFORD, CM1 4XQ - £615,000

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.

7 CHUZZLEWIT DRIVE is a midsized extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £588,210. It was last sold for £615,000 in August 2022, which was around 12% below the average August 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

7 CHUZZLEWIT DRIVE Sold Prices

Land registry data shows three sales for 7 CHUZZLEWIT 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 7 CHUZZLEWIT 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 31 AUG	£615,000	£695,811	12% below HPI
2003 7 NOV	£265,000	£307,900	14% below HPI
1999 10 SEP	£151,000	£158,554	5% below HPI

7 CHUZZLEWIT 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 7 CHUZZLEWIT DRIVE sales between September 1999 and August 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 November 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 CHUZZLEWIT DRIVE be worth now?

7 CHUZZLEWIT DRIVE might now be worth an estimated £588,210.

This is based on house price deflation of 4.4%, between August 2022 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 4.4% deflationary decrease is applied to the most recent sale price for 7 CHUZZLEWIT DRIVE of £615,000 on 31st August 2022. For the value to have decreased from £615,000 to £588,210 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 7 CHUZZLEWIT DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2022 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHUZZLEWIT DRIVE has not materially changed since August 2022.

How Large is 7 CHUZZLEWIT DRIVE?

7 CHUZZLEWIT DRIVE is 128m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% 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 7 CHUZZLEWIT DRIVE lies on this distribution: 56% of detached houses houses are smaller than 7 CHUZZLEWIT DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 CHUZZLEWIT DRIVE: Plot and Title Map

7 CHUZZLEWIT DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 CHUZZLEWIT 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 7 CHUZZLEWIT 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 7 CHUZZLEWIT DRIVE?

7 CHUZZLEWIT DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 7 on CHUZZLEWIT DRIVE.