58, PADDOCK DRIVE, CHELMSFORD, CM1 6UX - £378,000

58 PADDOCK DRIVE is a very small extended semi-detached house of 89m², built sometime between 1976 and 1982. It was last sold for £378,000 in October 2017, which was around 32% below the average October 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

58 PADDOCK DRIVE Sold Prices

Land registry data shows three sales for 58 PADDOCK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 58 PADDOCK 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
2017 26 OCT	£378,000	£559,243	32% below HPI
2012 28 NOV	£242,000	£388,484	38% below HPI
2001 13 JUL	£139,995	£203,973	31% below HPI

58 PADDOCK 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 three 58 PADDOCK DRIVE sales between July 2001 and October 2017 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 November 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 58 PADDOCK DRIVE?

58 PADDOCK DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 58 PADDOCK DRIVE lies on this distribution: 18% of detached houses are smaller than 58 PADDOCK DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

58 PADDOCK DRIVE: Plot and Title Map

58 PADDOCK DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 58 PADDOCK 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 58 PADDOCK 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 58 PADDOCK DRIVE?

58 PADDOCK DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 58 on PADDOCK DRIVE.