DRIFTWOOD, ELM GREEN LANE, DANBURY, CHELMSFORD, CM3 4DW - £830,000

DRIFTWOOD is a very large extended detached house of 267m², built sometime between 1967 and 1975. It was last sold for £830,000 in May 2010, which was around 126% above the average May 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

DRIFTWOOD Sold Prices

Land registry data shows two sales for DRIFTWOOD 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 DRIFTWOOD 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
2010 12 MAY	£830,000	£366,667	126% above HPI
1996 6 DEC	£253,000	£110,532	129% above HPI

DRIFTWOOD 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 DRIFTWOOD sales from December 1996 and May 2010 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 December 1996 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the May 2010 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is DRIFTWOOD?

DRIFTWOOD is 267m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where DRIFTWOOD lies on this distribution: 94% of detached houses are smaller than DRIFTWOOD, and 6% of houses are larger. Note that EPC data is not available for all properties in Danbury.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.421 of an acre, or 1,705m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on ELM GREEN LANE in DANBURY, in the CM3 postcode district. The below map shows the position of DRIFTWOOD on ELM GREEN LANE.