512, LINNET DRIVE, CHELMSFORD, CM2 8AN - £372,500

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.

512 LINNET DRIVE is a very small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £381,409. It was last sold for £372,500 in August 2023, which was around 11% above the average August 2023 terraced price in the Chelmsford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

512 LINNET DRIVE Sold Prices

Land registry data shows four sales for 512 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 512 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
2023 17 AUG	£372,500	£336,810	11% above HPI
2016 1 JUL	£316,000	£259,581	22% above HPI
2014 6 FEB	£244,000	£202,728	20% above HPI
2002 8 NOV	£145,000	£123,130	18% above HPI

512 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 512 LINNET DRIVE sales between November 2002 and August 2023 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 July 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 512 LINNET DRIVE be worth now?

512 LINNET DRIVE might now be worth an estimated £381,409.

This is based on house price inflation of 2.4%, between August 2023 and August 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 2.4% inflationary increase is applied to the most recent sale price for 512 LINNET DRIVE of £372,500 on 17th August 2023. For the value to have increased from £372,500 to £381,409 over the two years to August 2025, the following assumptions must hold true:

• The value of 512 LINNET DRIVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The August 2023 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 512 LINNET DRIVE has not materially changed since August 2023.

How Large is 512 LINNET DRIVE?

512 LINNET DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% 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 512 LINNET DRIVE lies on this distribution: 19% of terraced houses houses are smaller than 512 LINNET DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

512 LINNET DRIVE: Plot and Title Map

512 LINNET DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 512 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 512 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 512 LINNET DRIVE?

512 LINNET DRIVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 512 on LINNET DRIVE.