26, WAVENEY DRIVE, CHELMSFORD, CM1 7PY - £272,000

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.

26 WAVENEY DRIVE is a very small terraced house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £406,872. It was last sold for £272,000 in July 2015, which was around 18% above the average July 2015 terraced price in the Chelmsford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

26 WAVENEY DRIVE Sold Prices

Land registry data shows two sales for 26 WAVENEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. One of the two 26 WAVENEY DRIVE sales was for above the average price, whilst the other was 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
2015 24 JUL	£272,000	£230,228	18% above HPI
2009 26 NOV	£170,000	£177,257	4% below HPI

26 WAVENEY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 26 WAVENEY DRIVE sales from November 2009 and July 2015 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 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 26 WAVENEY DRIVE be worth now?

26 WAVENEY DRIVE might now be worth an estimated £406,872.

This is based on house price inflation of 49.6%, between July 2015 and June 2025, for terraced 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 49.6% inflationary increase is applied to the most recent sale price for 26 WAVENEY DRIVE of £272,000 on 24th July 2015. For the value to have increased from £272,000 to £406,872 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 26 WAVENEY DRIVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The July 2015 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 26 WAVENEY DRIVE has not materially changed since July 2015.

How Large is 26 WAVENEY DRIVE?

26 WAVENEY DRIVE is 88m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 26 WAVENEY DRIVE lies on this distribution: 17% of terraced houses houses are smaller than 26 WAVENEY DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

26 WAVENEY DRIVE: Plot and Title Map

26 WAVENEY DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 26 WAVENEY 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 26 WAVENEY 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 26 WAVENEY DRIVE?

26 WAVENEY DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 26 on WAVENEY DRIVE.