1, THE GREENWAY, RUNWELL, WICKFORD, SS11 7NU - £660,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE GREENWAY is a very large extended detached house of 166m², built sometime between 1967 and 1975, which could now be worth an estimated £744,123. It was last sold for £660,000 in August 2019, which was around 12% above the average August 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1 THE GREENWAY Sold Prices

Land registry data shows four sales for 1 THE GREENWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 1 THE GREENWAY sales were for above 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
2019 19 AUG	£660,000	£590,266	12% above HPI
2017 3 AUG	£590,000	£574,506	3% above HPI
2006 16 OCT	£435,000	£347,440	25% above HPI
2001 26 SEP	£270,000	£213,834	26% above HPI

1 THE GREENWAY 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 four 1 THE GREENWAY sales between September 2001 and August 2019 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 THE GREENWAY be worth now?

1 THE GREENWAY might now be worth an estimated £744,123.

This is based on house price inflation of 12.7%, between August 2019 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 12.7% inflationary increase is applied to the most recent sale price for 1 THE GREENWAY of £660,000 on 19th August 2019. For the value to have increased from £660,000 to £744,123 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 1 THE GREENWAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2019 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE GREENWAY has not materially changed since August 2019.

How Large is 1 THE GREENWAY?

1 THE GREENWAY is 166m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runwell, and where 1 THE GREENWAY lies on this distribution: 82% of detached houses houses are smaller than 1 THE GREENWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Runwell.

1 THE GREENWAY: Plot and Title Map

1 THE GREENWAY sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 1 THE GREENWAY, 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 GREENWAY). 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 GREENWAY?

1 THE GREENWAY is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 1 on THE GREENWAY.