48, QUILP DRIVE, CHELMSFORD, CM1 4YA - £316,000

48 QUILP DRIVE is a midsized extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £316,000 in December 2011, which was around 15% below the average December 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

48 QUILP DRIVE Sold Prices

Land registry data shows two sales for 48 QUILP DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 48 QUILP 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
2011 14 DEC	£316,000	£371,183	15% below HPI
1995 20 SEP	£102,000	£105,619	3% below HPI

48 QUILP DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 48 QUILP DRIVE sales from September 1995 and December 2011 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 September 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 QUILP DRIVE?

48 QUILP DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 48 QUILP DRIVE lies on this distribution: 51% of detached houses are smaller than 48 QUILP DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

48 QUILP DRIVE: Plot and Title Map

48 QUILP DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 48 QUILP 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 48 QUILP 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 48 QUILP DRIVE?

48 QUILP DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 48 on QUILP DRIVE.