9, REDMAYNE DRIVE, CHELMSFORD, CM2 9XF - £257,000

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

9 REDMAYNE DRIVE is a very small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £257,000 in March 2013, which was around 32% below the average March 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

9 REDMAYNE DRIVE Sold Prices

Land registry data shows three sales for 9 REDMAYNE 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 9 REDMAYNE 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
2013 26 MAR	£257,000	£380,196	32% below HPI
2010 16 SEP	£280,000	£372,749	25% below HPI
2004 29 JUL	£236,000	£319,375	26% below HPI

9 REDMAYNE 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 9 REDMAYNE DRIVE sales between July 2004 and March 2013 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 September 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 9 REDMAYNE DRIVE?

9 REDMAYNE DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 9 REDMAYNE DRIVE lies on this distribution: 15% of detached houses are smaller than 9 REDMAYNE DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 REDMAYNE DRIVE: Plot and Title Map

9 REDMAYNE DRIVE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 9 REDMAYNE 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 9 REDMAYNE 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 9 REDMAYNE DRIVE?

9 REDMAYNE DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 9 on REDMAYNE DRIVE.