13, LOCARNO AVENUE, RUNWELL, WICKFORD, SS11 7HX - £450,000

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

13 LOCARNO AVENUE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £450,000 in June 2023, which was around 32% below the average June 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

13 LOCARNO AVENUE Sold Prices

Land registry data shows three sales for 13 LOCARNO AVENUE 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. All of the three 13 LOCARNO 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
2023 27 JUN	£450,000	£666,023	32% below HPI
2015 23 JAN	£283,000	£452,225	37% below HPI
2011 3 NOV	£262,000	£367,757	29% below HPI

13 LOCARNO 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 three 13 LOCARNO AVENUE sales between November 2011 and June 2023 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 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 13 LOCARNO AVENUE?

13 LOCARNO AVENUE is 75m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 13 LOCARNO AVENUE lies on this distribution: 9% of detached houses are smaller than 13 LOCARNO AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Runwell.

13 LOCARNO AVENUE: Plot and Title Map

13 LOCARNO AVENUE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 13 LOCARNO 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 13 LOCARNO 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 13 LOCARNO AVENUE?

13 LOCARNO AVENUE is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 13 on LOCARNO AVENUE.