14, SOUTH HANNINGFIELD WAY, RUNWELL, WICKFORD, SS11 7DR - £245,000

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

14 SOUTH HANNINGFIELD WAY is a midsized extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £425,466. It was last sold for £245,000 in April 2013, which was around 36% below the average April 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

14 SOUTH HANNINGFIELD WAY Sold Prices

Land registry data shows three sales for 14 SOUTH HANNINGFIELD WAY 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 14 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
2013 2 APR	£245,000	£384,518	36% below HPI
2005 10 FEB	£263,000	£325,455	19% below HPI
1999 3 AUG	£122,000	£155,149	21% below HPI

14 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 three 14 SOUTH HANNINGFIELD WAY sales between August 1999 and April 2013 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 February 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 14 SOUTH HANNINGFIELD WAY be worth now?

14 SOUTH HANNINGFIELD WAY might now be worth an estimated £425,466.

This is based on house price inflation of 73.7%, between April 2013 and December 2024, 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 73.7% inflationary increase is applied to the most recent sale price for 14 SOUTH HANNINGFIELD WAY of £245,000 on 2nd April 2013. For the value to have increased from £245,000 to £425,466 over the ten years and four months to December 2024, the following assumptions must hold true:

• The value of 14 SOUTH HANNINGFIELD WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SOUTH HANNINGFIELD WAY has not materially changed since April 2013.

How Large is 14 SOUTH HANNINGFIELD WAY?

14 SOUTH HANNINGFIELD WAY is 138m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 50% 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 14 SOUTH HANNINGFIELD WAY lies on this distribution: 58% of detached houses houses are smaller than 14 SOUTH HANNINGFIELD WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Runwell.

14 SOUTH HANNINGFIELD WAY: Plot and Title Map

14 SOUTH HANNINGFIELD WAY sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 14 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 14 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 14 SOUTH HANNINGFIELD WAY?

14 SOUTH HANNINGFIELD WAY is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 14 on SOUTH HANNINGFIELD WAY.