40, DOWNLEAZE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5SN - £415,000

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

40 DOWNLEAZE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £415,000 in April 2023, which was around 38% below the average April 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

40 DOWNLEAZE Sold Prices

Land registry data shows three sales for 40 DOWNLEAZE 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 40 DOWNLEAZE 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
2023 14 APR	£415,000	£672,928	38% below HPI
2021 9 APR	£360,000	£590,278	39% below HPI
2002 17 JUL	£168,000	£252,584	33% below HPI

40 DOWNLEAZE 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 40 DOWNLEAZE sales between July 2002 and April 2023 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 April 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 40 DOWNLEAZE?

40 DOWNLEAZE is 90m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses by size in South Woodham Ferrers, and where 40 DOWNLEAZE lies on this distribution: 24% of detached houses are smaller than 40 DOWNLEAZE, and 75% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

40 DOWNLEAZE: Plot and Title Map

40 DOWNLEAZE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 40 DOWNLEAZE, 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 DOWNLEAZE). 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 DOWNLEAZE?

40 DOWNLEAZE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 40 on DOWNLEAZE.