24, SOUTH HANNINGFIELD WAY, RUNWELL, WICKFORD, SS11 7DR - £605,000

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

24 SOUTH HANNINGFIELD WAY is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £605,000 in December 2022, which was around 12% below the average December 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

24 SOUTH HANNINGFIELD WAY Sold Prices

Land registry data shows three sales for 24 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 24 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
2022 20 DEC	£605,000	£685,542	12% below HPI
2012 2 NOV	£300,000	£388,484	23% below HPI
2006 9 AUG	£295,000	£342,418	14% below HPI

24 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 24 SOUTH HANNINGFIELD WAY sales between August 2006 and December 2022 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 November 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 SOUTH HANNINGFIELD WAY?

24 SOUTH HANNINGFIELD WAY is 80m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 24 SOUTH HANNINGFIELD WAY lies on this distribution: 12% of detached houses are smaller than 24 SOUTH HANNINGFIELD WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Runwell.

24 SOUTH HANNINGFIELD WAY: Plot and Title Map

24 SOUTH HANNINGFIELD WAY sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of 24 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 24 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 24 SOUTH HANNINGFIELD WAY?

24 SOUTH HANNINGFIELD WAY is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 24 on SOUTH HANNINGFIELD WAY.