115, DOWNHAM ROAD, DOWNHAM, BILLERICAY, CM11 1QH - £435,000

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.

115 DOWNHAM ROAD is a very small extended detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £508,926. It was last sold for £435,000 in September 2017, which was around 24% below the average September 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was D.

115 DOWNHAM ROAD Sold Prices

Land registry data shows three sales for 115 DOWNHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the three 115 DOWNHAM ROAD sales was for below the average price, whilst two 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
2017 29 SEP	£435,000	£568,831	24% below HPI
2001 7 JAN	£310,000	£195,665	58% above HPI
1999 29 APR	£210,000	£146,639	43% above HPI

115 DOWNHAM ROAD 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 three 115 DOWNHAM ROAD sales between April 1999 and September 2017 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 January 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 115 DOWNHAM ROAD be worth now?

115 DOWNHAM ROAD might now be worth an estimated £508,926.

This is based on house price inflation of 17%, between September 2017 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 17% inflationary increase is applied to the most recent sale price for 115 DOWNHAM ROAD of £435,000 on 29th September 2017. For the value to have increased from £435,000 to £508,926 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 115 DOWNHAM ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2017 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 115 DOWNHAM ROAD has not materially changed since September 2017.

How Large is 115 DOWNHAM ROAD?

115 DOWNHAM ROAD is 91m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses houses in Downham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downham, and where 115 DOWNHAM ROAD lies on this distribution: 3% of detached houses houses are smaller than 115 DOWNHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Downham.

115 DOWNHAM ROAD: Plot and Title Map

115 DOWNHAM ROAD sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 115 DOWNHAM ROAD, 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 115 DOWNHAM ROAD). 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 115 DOWNHAM ROAD?

115 DOWNHAM ROAD is located in DOWNHAM, in the CM11 postcode district. The below map shows the position of No. 115 on DOWNHAM ROAD.