1, DOWNLEAZE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5SN - £320,000

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.

1 DOWNLEAZE is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £401,784. It was last sold for £320,000 in July 2016, which was around 40% below the average July 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

1 DOWNLEAZE Sold Prices

Land registry data shows two sales for 1 DOWNLEAZE 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 1 DOWNLEAZE sales were for below 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
2016 1 JUL	£320,000	£530,037	40% below HPI
2007 29 AUG	£245,000	£389,707	37% below HPI

1 DOWNLEAZE 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 1 DOWNLEAZE sales from August 2007 and July 2016 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 August 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 DOWNLEAZE be worth now?

1 DOWNLEAZE might now be worth an estimated £401,784.

This is based on house price inflation of 25.6%, between July 2016 and February 2025, 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 25.6% inflationary increase is applied to the most recent sale price for 1 DOWNLEAZE of £320,000 on 1st July 2016. For the value to have increased from £320,000 to £401,784 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 1 DOWNLEAZE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DOWNLEAZE has not materially changed since July 2016.

How Large is 1 DOWNLEAZE?

1 DOWNLEAZE is 71m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 1 DOWNLEAZE lies on this distribution: 7% of detached houses houses are smaller than 1 DOWNLEAZE, and 92% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

1 DOWNLEAZE: Plot and Title Map

1 DOWNLEAZE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 1 DOWNLEAZE, 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 1 DOWNLEAZE). 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 1 DOWNLEAZE?

1 DOWNLEAZE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 1 on DOWNLEAZE.