38, Lupin Drive
38, Lupin Drive
Description & Estimates
According to the public record, 38, Lupin Drive, Chelmsford is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Lupin Drive, Chelmsford is £176,680 and the estimated rental value is £1,125 per month.
Lupin Drive, Chelmsford, CM1 is located in the borough of Chelmsford within the CM1 postal district.
Our Data Sources
38, Lupin Drive, Chelmsford has 51 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Lupin Drive, Chelmsford is in very good condition we estimate a sale value of £185,514 and a rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,313 and a rental value of £1,046 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Lupin Drive, Chelmsford has moved down by £2,519 (1.4%), while its estimated rental value has increased by £33 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Energy Efficiency
38, Lupin Drive, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 38, Lupin Drive, Chelmsford was last sold on 15th January 2010 for £116,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since January 2010, the market for similar properties has risen by 84.8%.
- Sold Jan 2010£116,000
- Sold Mar 2007£124,995
- Sold Jan 2000£51,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Lupin Drive, Chelmsford within a radius of 460 metres over the last 2 years.
The most recent example is 12, Lupin Drive, Chelmsford, CM1 6FH, a leasehold flat which sold for £168,000 on the 16th November 2023.
Read more about house prices in CM1.
- Sold Nov 2023£168,000 | 2 Bed Flat12, Lupin Drive, Chelmsford, CM1 6FH12, Lupin Drive, Chelmsford, CM1 6FH
- Sold Jul 2023£185,000 | 2 Bed Flat34, Lupin Drive, Chelmsford, CM1 6FH34, Lupin Drive, Chelmsford, CM1 6FH
- Sold Nov 2022£190,000 | 2 Bed Flat20, Lupin Drive, Chelmsford, CM1 6FH20, Lupin Drive, Chelmsford, CM1 6FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lupin Drive, Chelmsford, CM1 has a total of 184 addresses. According to our analysis of all the public data, 38, Lupin Drive, Chelmsford is the 139th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in CM1.
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Schools Nearby
- 200mThe Bishops' Church of England and Roman Catholic Primary School
- 400mSpringfield Primary School
- 600mThe Tyrrells School
- 500mThe Boswells School
- 2.2kmChelmsford County High School for Girls
- 2.4kmSt John Payne Catholic School, Chelmsford
More reading links
Public Transport Nearby
The closest station to 38, Lupin Drive, Chelmsford is Beaulieu Park station, which is 1.7 kilometres away.
- 1.7kmBeaulieu Park
- 2.6kmChelmsford
- 7.2kmHatfield Peverel
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
