22, ALDER DRIVE, CHELMSFORD, CM2 9EY - £395,000

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.

22 ALDER DRIVE is a midsized extended semi-detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £475,630. It was last sold for £395,000 in December 2020, which was around 10% above the average December 2020 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

22 ALDER DRIVE Sold Prices

Land registry data shows two sales for 22 ALDER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 22 ALDER 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
2020 7 DEC	£395,000	£358,061	10% above HPI
2009 18 DEC	£225,000	£215,285	5% above HPI

22 ALDER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 22 ALDER DRIVE sales from December 2009 and December 2020 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 December 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 22 ALDER DRIVE be worth now?

22 ALDER DRIVE might now be worth an estimated £475,630.

This is based on house price inflation of 20.4%, between December 2020 and August 2025, for semi-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 20.4% inflationary increase is applied to the most recent sale price for 22 ALDER DRIVE of £395,000 on 7th December 2020. For the value to have increased from £395,000 to £475,630 over the five years and four months to August 2025, the following assumptions must hold true:

• The value of 22 ALDER DRIVE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ALDER DRIVE has not materially changed since December 2020.

How Large is 22 ALDER DRIVE?

22 ALDER DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 22 ALDER DRIVE lies on this distribution: 41% of semi-detached houses houses are smaller than 22 ALDER DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

22 ALDER DRIVE: Plot and Title Map

22 ALDER DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 22 ALDER 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 22 ALDER 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 22 ALDER DRIVE?

22 ALDER DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 22 on ALDER DRIVE.