6, SOUTH HANNINGFIELD WAY, RUNWELL, WICKFORD, SS11 7DR - £490,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 SOUTH HANNINGFIELD WAY is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £562,093. It was last sold for £490,000 in August 2018, which was around 16% below the average August 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

6 SOUTH HANNINGFIELD WAY Sold Prices

Land registry data shows three sales for 6 SOUTH HANNINGFIELD WAY 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 6 SOUTH HANNINGFIELD WAY 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 29 AUG	£490,000	£582,108	16% below HPI
2015 14 OCT	£399,995	£497,383	20% below HPI
2014 26 SEP	£251,000	£445,585	44% below HPI

6 SOUTH HANNINGFIELD WAY 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 6 SOUTH HANNINGFIELD WAY sales between September 2014 and August 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 October 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 SOUTH HANNINGFIELD WAY be worth now?

6 SOUTH HANNINGFIELD WAY might now be worth an estimated £562,093.

This is based on house price inflation of 14.7%, between August 2018 and December 2024, 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 14.7% inflationary increase is applied to the most recent sale price for 6 SOUTH HANNINGFIELD WAY of £490,000 on 29th August 2018. For the value to have increased from £490,000 to £562,093 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 6 SOUTH HANNINGFIELD WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2018 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SOUTH HANNINGFIELD WAY has not materially changed since August 2018.

How Large is 6 SOUTH HANNINGFIELD WAY?

6 SOUTH HANNINGFIELD WAY is 71m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 6 SOUTH HANNINGFIELD WAY lies on this distribution: 7% of detached houses houses are smaller than 6 SOUTH HANNINGFIELD WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Runwell.

6 SOUTH HANNINGFIELD WAY: Plot and Title Map

6 SOUTH HANNINGFIELD WAY sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 6 SOUTH HANNINGFIELD WAY, 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 6 SOUTH HANNINGFIELD WAY). 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 6 SOUTH HANNINGFIELD WAY?

6 SOUTH HANNINGFIELD WAY is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 6 on SOUTH HANNINGFIELD WAY.