2, SIMMONDS WAY, DANBURY, CHELMSFORD, CM3 4PT - £419,000

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

2 SIMMONDS WAY is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £419,000 in November 2011, which was around 14% above the average November 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

2 SIMMONDS WAY Sold Prices

Land registry data shows two sales for 2 SIMMONDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 2 SIMMONDS WAY sales was for above the average price, whilst the other was 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
2011 25 NOV	£419,000	£367,757	14% above HPI
2003 10 OCT	£235,000	£302,087	22% below HPI

2 SIMMONDS 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 two 2 SIMMONDS WAY sales from October 2003 and November 2011 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 October 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 SIMMONDS WAY?

2 SIMMONDS WAY is 110m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 2 SIMMONDS WAY lies on this distribution: 23% of detached houses are smaller than 2 SIMMONDS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Danbury.

2 SIMMONDS WAY: Plot and Title Map

2 SIMMONDS WAY sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 2 SIMMONDS 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 2 SIMMONDS 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 2 SIMMONDS WAY?

2 SIMMONDS WAY is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 2 on SIMMONDS WAY.