11, LOUVAIN DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6BA - £1,165,000

11 LOUVAIN DRIVE is a very large extended detached house of 249m², built sometime between 2003 and 2006. It was last sold for £1,165,000 in October 2023, which was around 73% above the average October 2023 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 C.

11 LOUVAIN DRIVE Sold Prices

Land registry data shows four sales for 11 LOUVAIN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 11 LOUVAIN DRIVE 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
2023 18 OCT	£1,165,000	£671,913	73% above HPI
2008 6 MAR	£700,000	£380,306	84% above HPI
2003 17 APR	£500,000	£290,631	72% above HPI
2001 28 FEB	£420,000	£195,480	115% above HPI

11 LOUVAIN 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 four 11 LOUVAIN DRIVE sales between February 2001 and October 2023 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 March 2008 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the October 2023 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 11 LOUVAIN DRIVE?

11 LOUVAIN DRIVE is 249m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 11 LOUVAIN DRIVE lies on this distribution: 97% of detached houses are smaller than 11 LOUVAIN DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 LOUVAIN DRIVE: Plot and Title Map

11 LOUVAIN DRIVE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 11 LOUVAIN 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 11 LOUVAIN 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 11 LOUVAIN DRIVE?

11 LOUVAIN DRIVE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 11 on LOUVAIN DRIVE.