42, LABURNUM DRIVE, CHELMSFORD, CM2 9NX - £228,500

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.

42 LABURNUM DRIVE is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £410,353. It was last sold for £228,500 in June 2012, which was about the average June 2012 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

42 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 42 LABURNUM 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. One of the two 42 LABURNUM DRIVE sales was roughly equal to 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
2012 28 JUN	£228,500	£229,125	Close to HPI
2009 7 AUG	£197,500	£206,236	4% below HPI

42 LABURNUM 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 42 LABURNUM DRIVE sales from August 2009 and June 2012 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 August 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2012 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 42 LABURNUM DRIVE be worth now?

42 LABURNUM DRIVE might now be worth an estimated £410,353.

This is based on house price inflation of 79.6%, between June 2012 and February 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 79.6% inflationary increase is applied to the most recent sale price for 42 LABURNUM DRIVE of £228,500 on 28th June 2012. For the value to have increased from £228,500 to £410,353 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 42 LABURNUM DRIVE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2012 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 42 LABURNUM DRIVE has not materially changed since June 2012.

How Large is 42 LABURNUM DRIVE?

42 LABURNUM DRIVE is 82m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 42 LABURNUM DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 42 LABURNUM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

42 LABURNUM DRIVE: Plot and Title Map

42 LABURNUM DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 42 LABURNUM 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 42 LABURNUM 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 42 LABURNUM DRIVE?

42 LABURNUM DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 42 on LABURNUM DRIVE.