40, The Drive, CM1 4JS
40 The Drive is a 119 m² / 1,281 sq ft detached home in Chelmsford. It sold for £415,000 in March 2021. Indexed forward to today's value, that sale is roughly £445k. Recent local prices imply a broad valuation context of £480k to £620k based on its internal area. The Land Registry and EPC data was last updated 31 October 2026.
- Sale history
-
Date Paid price Annual growth After inflation Mar 2021 £415,000 3.7% 2.0% Nov 2015 £342,000 5.7% 4.6% Dec 2012 £290,000 4.6% 1.6% Jul 2007 £227,500 9.0% 7.1% Feb 1999 £110,000 na na - Floor plan
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Archived estate agent floor plan for 40, The Drive.
- Internal area
- 119 square metres (1,281 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £3,487 per square metre (£324 per square foot) in Mar 2021. Indexed forward to today's value, this is roughly £3,737 per square metre (£347 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Mar 2021 £415,000 £3,487 £444,687 £3,737 Nov 2015 £342,000 £2,874 £442,405 £3,718 Dec 2012 £290,000 £2,437 £490,876 £4,125 Jul 2007 £227,500 £1,912 £415,431 £3,491 Feb 1999 £110,000 £924 £474,374 £3,986 Calculated using the latest EPC internal area of 119 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £444,687. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Chelmsford are now selling for between £4,030 and £5,210 per square metre (£374 and £484 per square foot). Based on an internal area of 119 m², this implies a valuation between £480,000 and £620,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 3
- Type
- Detached
- Council tax band
- D
- Plot size
- 291 square metres (3,132 square feet) - map showing freehold boundary lines
- Summary:
- 01 May 2012 - energy performance certificate grade D
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Unknown
- Property type:
- Detached Bungalow , has 7 habitable rooms. Estimated year built 1930 to 1949
- Area:
- 119 sqm (1,281 square foot) total internal area
- Comments:
- Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, no insulation (assumed). Heating: Boiler and radiators, mains gas.
40 The Drive is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £444,687.
- Based on an internal area of 119 m² and recent prices in Chelmsford, this implies a lower and upper quartile range from £480,000 to £620,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.