18, WHARTON DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6BF - £613,500

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.

18 WHARTON DRIVE is a detached house, which could now be worth an estimated £920,725. It was last sold for £613,500 in May 2015, which was around 34% above the average May 2015 detached price in the Chelmsford local authority area.

18 WHARTON DRIVE Sold Prices

Land registry data shows three sales for 18 WHARTON 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 18 WHARTON 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
2015 5 MAY	£613,500	£459,129	34% above HPI
2012 17 MAY	£595,000	£378,193	57% above HPI
2005 20 JAN	£415,000	£329,864	26% above HPI

What might 18 WHARTON DRIVE be worth now?

18 WHARTON DRIVE might now be worth an estimated £920,725.

This is based on house price inflation of 50.1%, between May 2015 and May 2026, 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 50.1% inflationary increase is applied to the most recent sale price for 18 WHARTON DRIVE of £613,500 on 5th May 2015. For the value to have increased from £613,500 to £920,725 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 18 WHARTON DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2015 sale price of £613,500 represented a fair market value for the property.
• The size, condition, and specification of 18 WHARTON DRIVE has not materially changed since May 2015.

Where is 18 WHARTON DRIVE?

18 WHARTON DRIVE is located in SPRINGFIELD, in the CM1 postcode district.