40, Lupin Drive
40, Lupin Drive
Description & Estimates
40, Lupin Drive, Chelmsford is recorded publicly as a mid-century leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 40, Lupin Drive, Chelmsford is £163,509 and its rental estimate is £1,032 per month, given the available information and assuming reasonable condition.
Lupin Drive, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
40, Lupin Drive, Chelmsford has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated May 2021.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Lupin Drive, Chelmsford, we estimate a market value of £171,684 and a rental value of £1,084 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,063 and £960 per month respectively.
Recent Market Change
Over the last year, 40, Lupin Drive, Chelmsford has seen its estimated sale value drop by £722 (0.4%) and its estimated rental value rise by £40 per month (3.8%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
40, Lupin Drive, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 40, Lupin Drive, Chelmsford completed on 22nd June 2018 at £166,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 18.0% over the period since June 2018.
- Sold Jun 2018£166,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Lupin Drive, Chelmsford have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 128, Lupin Drive, Chelmsford, CM1 6FJ, a leasehold flat which sold for £162,500.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 184 addresses on Lupin Drive, Chelmsford, CM1, 40, Lupin Drive, Chelmsford comes out as the 152nd largest and the 141st most expensive in our analysis of the public data.
It is also £251k less expensive than the average property across the CM1 district.
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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
From 40, Lupin Drive, Chelmsford, the nearest station is Beaulieu Park, 1.7 kilometres away.
- 1.7kmBeaulieu Park
- 2.6kmChelmsford
- 7.2kmHatfield Peverel
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
