1, THE AVENUE, DANBURY, CHELMSFORD, CM3 4QN - £585,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE AVENUE is a small extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £585,000 in December 2021, which was around 9% below the average December 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

1 THE AVENUE Sold Prices

Land registry data shows six sales for 1 THE AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the six 1 THE AVENUE 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
2021 10 DEC	£585,000	£641,260	9% below HPI
2014 13 NOV	£377,500	£451,928	16% below HPI
2011 12 MAY	£336,500	£377,046	11% below HPI
2007 23 FEB	£277,500	£350,299	21% below HPI
2002 29 NOV	£247,000	£272,382	9% below HPI
1997 12 MAY	£98,000	£116,590	16% below HPI

1 THE AVENUE 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 six 1 THE AVENUE sales between May 1997 and December 2021 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 November 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 THE AVENUE?

1 THE AVENUE is 111m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 1 THE AVENUE lies on this distribution: 23% of detached houses are smaller than 1 THE AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Danbury.

1 THE AVENUE: Plot and Title Map

1 THE AVENUE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

1 THE AVENUE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 1 on THE AVENUE.