2, WHARTON DRIVE, SPRINGFIELD, CHELMSFORD, CM1 6BF - £525,000

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.

2 WHARTON DRIVE is a detached house, which could now be worth an estimated £1,067,319. It was last sold for £525,000 in April 2006, which was around 55% above the average April 2006 detached price in the Chelmsford local authority area.

2 WHARTON DRIVE Sold Prices

Land registry data shows two sales for 2 WHARTON 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 2 WHARTON 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
2006 7 APR	£525,000	£338,247	55% above HPI
2003 5 SEP	£530,000	£305,436	74% above HPI

What might 2 WHARTON DRIVE be worth now?

2 WHARTON DRIVE might now be worth an estimated £1,067,319.

This is based on house price inflation of 103.3%, between April 2006 and April 2026, for detached 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 103.3% inflationary increase is applied to the most recent sale price for 2 WHARTON DRIVE of £525,000 on 7th April 2006. For the value to have increased from £525,000 to £1,067,319 over the twenty years to April 2026, the following assumptions must hold true:

• The value of 2 WHARTON DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2006 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHARTON DRIVE has not materially changed since April 2006.

Where is 2 WHARTON DRIVE?

2 WHARTON DRIVE is located in SPRINGFIELD, in the CM1 postcode district.