41, DOWNLEAZE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5SN - £390,000

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

41 DOWNLEAZE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £390,000 in May 2021, which was around 34% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

41 DOWNLEAZE Sold Prices

Land registry data shows two sales for 41 DOWNLEAZE 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 41 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
2021 27 MAY	£390,000	£587,540	34% below HPI
2014 12 JUN	£250,000	£424,186	41% below HPI

41 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 two 41 DOWNLEAZE sales from June 2014 and May 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 June 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 41 DOWNLEAZE?

41 DOWNLEAZE is 72m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 41 DOWNLEAZE lies on this distribution: 8% of detached houses are smaller than 41 DOWNLEAZE, and 91% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

41 DOWNLEAZE: Plot and Title Map

41 DOWNLEAZE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 41 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 41 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 41 DOWNLEAZE?

41 DOWNLEAZE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 41 on DOWNLEAZE.