29, PADDOCK DRIVE, CHELMSFORD, CM1 6SS - £249,995

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.

29 PADDOCK DRIVE is a small extended terraced house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £410,369. It was last sold for £249,995 in May 2014, which was around 20% above the average May 2014 terraced price in the Chelmsford local authority area. The most recent EPC inspection was January 2014, where the current energy rating was F, and the potential energy rating was D.

29 PADDOCK DRIVE Sold Prices

Land registry data shows two sales for 29 PADDOCK 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. Both of the two 29 PADDOCK 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
2014 21 MAY	£249,995	£207,968	20% above HPI
1999 23 JUL	£78,000	£67,655	15% above HPI

29 PADDOCK 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 29 PADDOCK DRIVE sales from July 1999 and May 2014 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 July 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 29 PADDOCK DRIVE be worth now?

29 PADDOCK DRIVE might now be worth an estimated £410,369.

This is based on house price inflation of 64.2%, between May 2014 and May 2026, 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 64.2% inflationary increase is applied to the most recent sale price for 29 PADDOCK DRIVE of £249,995 on 21st May 2014. For the value to have increased from £249,995 to £410,369 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 29 PADDOCK DRIVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2014 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 29 PADDOCK DRIVE has not materially changed since May 2014.

How Large is 29 PADDOCK DRIVE?

29 PADDOCK DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% 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 29 PADDOCK DRIVE lies on this distribution: 21% of terraced houses houses are smaller than 29 PADDOCK DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

29 PADDOCK DRIVE: Plot and Title Map

29 PADDOCK DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 29 PADDOCK 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 29 PADDOCK 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 29 PADDOCK DRIVE?

29 PADDOCK DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 29 on PADDOCK DRIVE.