1, SOUTH HANNINGFIELD WAY, RUNWELL, WICKFORD, SS11 7DR - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SOUTH HANNINGFIELD WAY is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £305,000 in June 2015, which was around 34% below the average June 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was D.

1 SOUTH HANNINGFIELD WAY Sold Prices

Land registry data shows two sales for 1 SOUTH HANNINGFIELD WAY 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 SOUTH HANNINGFIELD WAY 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
2015 15 JUN	£305,000	£462,894	34% below HPI
2006 10 MAR	£268,500	£331,825	19% below HPI

1 SOUTH HANNINGFIELD WAY 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 SOUTH HANNINGFIELD WAY sales from March 2006 and June 2015 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 March 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 SOUTH HANNINGFIELD WAY?

1 SOUTH HANNINGFIELD WAY is 163m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 1 SOUTH HANNINGFIELD WAY lies on this distribution: 81% of detached houses are smaller than 1 SOUTH HANNINGFIELD WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Runwell.

1 SOUTH HANNINGFIELD WAY: Plot and Title Map

1 SOUTH HANNINGFIELD WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 1 SOUTH HANNINGFIELD WAY, 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 SOUTH HANNINGFIELD WAY). 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 SOUTH HANNINGFIELD WAY?

1 SOUTH HANNINGFIELD WAY is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 1 on SOUTH HANNINGFIELD WAY.