438, LINNET DRIVE, CHELMSFORD, CM2 8AL - £292,500

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.

438 LINNET DRIVE is a small terraced house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £364,497. It was last sold for £292,500 in January 2019, which was around 6% above the average January 2019 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.

438 LINNET DRIVE Sold Prices

Land registry data shows four sales for 438 LINNET DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the four 438 LINNET 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
2019 28 JAN	£292,500	£276,362	6% above HPI
2015 27 MAR	£237,000	£221,375	7% above HPI
2002 30 AUG	£137,000	£116,645	17% above HPI
1996 14 JUN	£58,000	£48,202	20% above HPI

438 LINNET 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 four 438 LINNET DRIVE sales between June 1996 and January 2019 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 March 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 438 LINNET DRIVE be worth now?

438 LINNET DRIVE might now be worth an estimated £364,497.

This is based on house price inflation of 24.6%, between January 2019 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 24.6% inflationary increase is applied to the most recent sale price for 438 LINNET DRIVE of £292,500 on 28th January 2019. For the value to have increased from £292,500 to £364,497 over the five years and seven months to June 2025, the following assumptions must hold true:

• The value of 438 LINNET DRIVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The January 2019 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 438 LINNET DRIVE has not materially changed since January 2019.

How Large is 438 LINNET DRIVE?

438 LINNET DRIVE is 99m² according to the EPC inspection conducted in February 2015. 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 438 LINNET DRIVE lies on this distribution: 28% of terraced houses houses are smaller than 438 LINNET DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

438 LINNET DRIVE: Plot and Title Map

438 LINNET DRIVE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 438 LINNET 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 438 LINNET 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 438 LINNET DRIVE?

438 LINNET DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 438 on LINNET DRIVE.