8, QUILP DRIVE, CHELMSFORD, CM1 4YA - £240,000

8 QUILP DRIVE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £240,000 in May 2009, which was around 25% below the average May 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

8 QUILP DRIVE Sold Prices

Land registry data shows three sales for 8 QUILP 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 8 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
2009 14 MAY	£240,000	£320,560	25% below HPI
2004 10 NOV	£230,000	£330,390	30% below HPI
1996 16 DEC	£84,650	£110,532	23% below HPI

8 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 three 8 QUILP DRIVE sales between December 1996 and May 2009 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2009 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 QUILP DRIVE?

8 QUILP DRIVE is 84m² according to the EPC inspection conducted in March 2009. 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 8 QUILP DRIVE lies on this distribution: 14% of detached houses are smaller than 8 QUILP DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 QUILP DRIVE: Plot and Title Map

8 QUILP DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 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 8 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 8 QUILP DRIVE?

8 QUILP DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 8 on QUILP DRIVE.