16, REDMAYNE DRIVE, CHELMSFORD, CM2 9AG - £275,495

16 REDMAYNE DRIVE is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £275,495 in February 2007, which was around 21% below the average February 2007 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

16 REDMAYNE DRIVE Sold Prices

Land registry data shows two sales for 16 REDMAYNE DRIVE 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 16 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
2007 7 FEB	£275,495	£350,299	21% below HPI
2001 9 NOV	£162,500	£216,732	25% below HPI

16 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 two 16 REDMAYNE DRIVE sales from November 2001 and February 2007 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2007 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 REDMAYNE DRIVE?

16 REDMAYNE DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 16 REDMAYNE DRIVE lies on this distribution: 16% of detached houses are smaller than 16 REDMAYNE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 REDMAYNE DRIVE: Plot and Title Map

16 REDMAYNE DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 16 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 16 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 16 REDMAYNE DRIVE?

16 REDMAYNE DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 16 on REDMAYNE DRIVE.