42, SCHOOL ROAD, DOWNHAM, BILLERICAY, CM11 1QP - £1,326,000

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

42 SCHOOL ROAD is a large detached house of 233m², built sometime between 1967 and 1975. It was last sold for £1,326,000 in October 2015, which was around 169% above the average October 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

42 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 42 SCHOOL 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 42 SCHOOL ROAD sales were for above 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
2015 16 OCT	£1,326,000	£492,136	169% above HPI
1996 30 AUG	£315,000	£108,241	191% above HPI

42 SCHOOL 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 42 SCHOOL ROAD sales from August 1996 and October 2015 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 August 1996 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the October 2015 sale, where it falls to 169% above the HPI. The line then continues to track at 169% above the HPI.

How Large is 42 SCHOOL ROAD?

42 SCHOOL ROAD is 233m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Downham, based on EPC data. The below chart shows the distribution of detached houses by size in Downham, and where 42 SCHOOL ROAD lies on this distribution: 79% of detached houses are smaller than 42 SCHOOL ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Downham.

42 SCHOOL ROAD: Plot and Title Map

42 SCHOOL ROAD sits on a plot of roughly 0.656 of an acre, or 2,656m². The below map shows the location of 42 SCHOOL 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 42 SCHOOL 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 42 SCHOOL ROAD?

42 SCHOOL ROAD is located in DOWNHAM, in the CM11 postcode district. The below map shows the position of No. 42 on SCHOOL ROAD.