40, DOWNHAM ROAD, WICKFORD, SS11 7LX - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 DOWNHAM ROAD is a small extended detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £545,503. It was last sold for £500,000 in August 2021, which was around 18% below the average August 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

40 DOWNHAM ROAD Sold Prices

Land registry data shows two sales for 40 DOWNHAM ROAD 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 40 DOWNHAM ROAD 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
2021 31 AUG	£500,000	£609,988	18% below HPI
2015 2 MAR	£340,000	£455,680	25% below HPI

40 DOWNHAM ROAD 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 40 DOWNHAM ROAD sales from March 2015 and August 2021 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 March 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 DOWNHAM ROAD be worth now?

40 DOWNHAM ROAD might now be worth an estimated £545,503.

This is based on house price inflation of 9.1%, between August 2021 and February 2025, 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 9.1% inflationary increase is applied to the most recent sale price for 40 DOWNHAM ROAD of £500,000 on 31st August 2021. For the value to have increased from £500,000 to £545,503 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 40 DOWNHAM ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 40 DOWNHAM ROAD has not materially changed since August 2021.

How Large is 40 DOWNHAM ROAD?

40 DOWNHAM ROAD is 109m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% 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 40 DOWNHAM ROAD lies on this distribution: 30% of detached houses houses are smaller than 40 DOWNHAM ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Runwell.

40 DOWNHAM ROAD: Plot and Title Map

40 DOWNHAM ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 40 DOWNHAM ROAD, 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 40 DOWNHAM ROAD). 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 40 DOWNHAM ROAD?

40 DOWNHAM ROAD is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 40 on DOWNHAM ROAD.