47, PEREGRINE DRIVE, CHELMSFORD, CM2 8XY - £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.

47 PEREGRINE DRIVE is a very small terraced house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £380,814. It was last sold for £325,000 in May 2021, which was around 11% above the average May 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

47 PEREGRINE DRIVE Sold Prices

Land registry data shows two sales for 47 PEREGRINE 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. One of the two 47 PEREGRINE DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2021 17 MAY	£325,000	£293,912	11% above HPI
2014 11 JUN	£212,000	£211,600	Close to HPI

47 PEREGRINE 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 47 PEREGRINE DRIVE sales from June 2014 and May 2021 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 June 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 47 PEREGRINE DRIVE be worth now?

47 PEREGRINE DRIVE might now be worth an estimated £380,814.

This is based on house price inflation of 17.2%, between May 2021 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 17.2% inflationary increase is applied to the most recent sale price for 47 PEREGRINE DRIVE of £325,000 on 17th May 2021. For the value to have increased from £325,000 to £380,814 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 47 PEREGRINE DRIVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 47 PEREGRINE DRIVE has not materially changed since May 2021.

How Large is 47 PEREGRINE DRIVE?

47 PEREGRINE DRIVE is 74m² according to the EPC inspection conducted in April 2014. 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 47 PEREGRINE DRIVE lies on this distribution: 7% of terraced houses houses are smaller than 47 PEREGRINE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

47 PEREGRINE DRIVE: Plot and Title Map

47 PEREGRINE DRIVE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 47 PEREGRINE 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 47 PEREGRINE 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 47 PEREGRINE DRIVE?

47 PEREGRINE DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 47 on PEREGRINE DRIVE.