PENNINGTON, LINKS DRIVE, CHELMSFORD, CM2 9AW - £430,000

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.

PENNINGTON is a very large extended detached house of 185m², built sometime between 1950 and 1966, which could now be worth an estimated £911,227. It was last sold for £430,000 in March 2004, which was around 37% above the average March 2004 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

PENNINGTON Sold Prices

Land registry data shows two sales for PENNINGTON 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 PENNINGTON sales were for above 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
2004 5 MAR	£430,000	£314,044	37% above HPI
1999 24 SEP	£248,000	£158,554	56% above HPI

PENNINGTON 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 PENNINGTON sales from September 1999 and March 2004 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 1999 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2004 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might PENNINGTON be worth now?

PENNINGTON might now be worth an estimated £911,227.

This is based on house price inflation of 111.9%, between March 2004 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 111.9% inflationary increase is applied to the most recent sale price for PENNINGTON of £430,000 on 5th March 2004. For the value to have increased from £430,000 to £911,227 over the 21 years and one month to February 2025, the following assumptions must hold true:

• The value of PENNINGTON has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2004 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of PENNINGTON has not materially changed since March 2004.

How Large is PENNINGTON?

PENNINGTON is 185m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 PENNINGTON lies on this distribution: 87% of detached houses houses are smaller than PENNINGTON, and 12% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

PENNINGTON: Plot and Title Map

PENNINGTON sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of PENNINGTON, 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 PENNINGTON). 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 PENNINGTON?

PENNINGTON is located on LINKS DRIVE in CHELMSFORD, in the CM2 postcode district. The below map shows the position of PENNINGTON on LINKS DRIVE.