39, SHEPPARD DRIVE, CHELMSFORD, CM2 6QE - £325,000

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.

39 SHEPPARD DRIVE is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £326,627. It was last sold for £325,000 in September 2022, which was around 5% below the average September 2022 terraced price in the Chelmsford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

39 SHEPPARD DRIVE Sold Prices

Land registry data shows two sales for 39 SHEPPARD 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 39 SHEPPARD DRIVE sales were 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
2022 14 SEP	£325,000	£342,672	5% below HPI
2011 16 DEC	£165,000	£181,383	9% below HPI

39 SHEPPARD 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 39 SHEPPARD DRIVE sales from December 2011 and September 2022 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 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 39 SHEPPARD DRIVE be worth now?

39 SHEPPARD DRIVE might now be worth an estimated £326,627.

This is based on house price inflation of 0.5%, between September 2022 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 0.5% inflationary increase is applied to the most recent sale price for 39 SHEPPARD DRIVE of £325,000 on 14th September 2022. For the value to have increased from £325,000 to £326,627 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 39 SHEPPARD DRIVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The September 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SHEPPARD DRIVE has not materially changed since September 2022.

How Large is 39 SHEPPARD DRIVE?

39 SHEPPARD DRIVE is 59m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 39 SHEPPARD DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 39 SHEPPARD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

39 SHEPPARD DRIVE: Plot and Title Map

39 SHEPPARD DRIVE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 39 SHEPPARD 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 39 SHEPPARD 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 39 SHEPPARD DRIVE?

39 SHEPPARD DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 39 on SHEPPARD DRIVE.