46, LABURNUM DRIVE, CHELMSFORD, CM2 9NX - £126,250

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.

46 LABURNUM DRIVE is a very small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £407,719. It was last sold for £126,250 in February 2002, which was around 1% below the average February 2002 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

46 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 46 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. Both of the two 46 LABURNUM 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
2002 15 FEB	£126,250	£127,413	1% below HPI
1998 11 DEC	£76,500	£82,994	8% below HPI

46 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 46 LABURNUM DRIVE sales from December 1998 and February 2002 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2002 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 46 LABURNUM DRIVE be worth now?

46 LABURNUM DRIVE might now be worth an estimated £407,719.

This is based on house price inflation of 222.9%, between February 2002 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 222.9% inflationary increase is applied to the most recent sale price for 46 LABURNUM DRIVE of £126,250 on 15th February 2002. For the value to have increased from £126,250 to £407,719 over the 23 years to February 2025, the following assumptions must hold true:

• The value of 46 LABURNUM DRIVE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The February 2002 sale price of £126,250 represented a fair market value for the property.
• The size, condition, and specification of 46 LABURNUM DRIVE has not materially changed since February 2002.

How Large is 46 LABURNUM DRIVE?

46 LABURNUM DRIVE is 80m² according to the EPC inspection conducted in April 2021. 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 46 LABURNUM DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 46 LABURNUM DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

46 LABURNUM DRIVE: Plot and Title Map

46 LABURNUM DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 46 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 46 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 46 LABURNUM DRIVE?

46 LABURNUM DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 46 on LABURNUM DRIVE.