3, CANUTE CLOSE, RUNWELL, WICKFORD, SS11 7FG - £405,000

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

3 CANUTE CLOSE is a small extended detached house of 97m², built sometime from 2012 onwards. It was last sold for £405,000 in December 2018, which was around 30% below the average December 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was B.

3 CANUTE CLOSE Sold Prices

Land registry data shows two sales for 3 CANUTE CLOSE 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. Both of the two 3 CANUTE CLOSE 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
2018 11 DEC	£405,000	£576,813	30% below HPI
2013 12 DEC	£285,000	£399,905	29% below HPI

3 CANUTE CLOSE 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 3 CANUTE CLOSE sales from December 2013 and December 2018 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 December 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 CANUTE CLOSE?

3 CANUTE CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 3 CANUTE CLOSE lies on this distribution: 21% of detached houses are smaller than 3 CANUTE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Runwell.

3 CANUTE CLOSE: Plot and Title Map

3 CANUTE CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 CANUTE CLOSE, 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 3 CANUTE CLOSE). 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 3 CANUTE CLOSE?

3 CANUTE CLOSE is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 3 on CANUTE CLOSE.