Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 TOOK DRIVE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £365,000 in December 2018, which was around 37% below the average December 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 7 TOOK DRIVE since 1st 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 7 TOOK 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 |
---|---|---|---|
2018 7 DEC | £365,000 | £576,813 | 37% below HPI |
2016 19 DEC | £340,000 | £536,950 | 37% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 7 TOOK DRIVE sales from December 2016 and December 2018 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 December 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2018 sale, which was also at 37% below the HPI.
7 TOOK DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses by size in South Woodham Ferrers, and where 7 TOOK DRIVE lies on this distribution: 49% of detached houses are smaller than 7 TOOK DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.
7 TOOK DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 7 TOOK 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 TOOK 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.
7 TOOK DRIVE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 7 on TOOK DRIVE.