38, MOULSHAM DRIVE, CHELMSFORD, CM2 9PX - £515,000

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.

38 MOULSHAM DRIVE is a midsized extended semi-detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £707,650. It was last sold for £515,000 in June 2016, which was around 64% above the average June 2016 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

38 MOULSHAM DRIVE Sold Prices

Land registry data shows three sales for 38 MOULSHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 38 MOULSHAM 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
2016 20 JUN	£515,000	£313,515	64% above HPI
2012 11 DEC	£380,000	£232,077	64% above HPI
2002 8 FEB	£190,000	£127,413	49% above HPI

38 MOULSHAM 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 three 38 MOULSHAM DRIVE sales between February 2002 and June 2016 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 2012 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2016 sale, which was also at 64% above the HPI.

What might 38 MOULSHAM DRIVE be worth now?

38 MOULSHAM DRIVE might now be worth an estimated £707,650.

This is based on house price inflation of 37.4%, between June 2016 and June 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 37.4% inflationary increase is applied to the most recent sale price for 38 MOULSHAM DRIVE of £515,000 on 20th June 2016. For the value to have increased from £515,000 to £707,650 over the nine years to June 2025, the following assumptions must hold true:

• The value of 38 MOULSHAM DRIVE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2016 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MOULSHAM DRIVE has not materially changed since June 2016.

How Large is 38 MOULSHAM DRIVE?

38 MOULSHAM DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 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 38 MOULSHAM DRIVE lies on this distribution: 51% of semi-detached houses houses are smaller than 38 MOULSHAM DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

38 MOULSHAM DRIVE: Plot and Title Map

38 MOULSHAM DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 38 MOULSHAM 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 38 MOULSHAM 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 38 MOULSHAM DRIVE?

38 MOULSHAM DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 38 on MOULSHAM DRIVE.