61, DOWNSWAY, CHELMSFORD, CM1 6TT - £300,000

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.

61 DOWNSWAY is a very small extended semi-detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £435,386. It was last sold for £300,000 in July 2015, which was around 6% above the average July 2015 semi-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.

61 DOWNSWAY Sold Prices

Land registry data shows two sales for 61 DOWNSWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 61 DOWNSWAY 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 27 JUL	£300,000	£283,524	6% above HPI
1999 12 OCT	£115,000	£92,021	25% above HPI

61 DOWNSWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 61 DOWNSWAY sales from October 1999 and July 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 October 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 61 DOWNSWAY be worth now?

61 DOWNSWAY might now be worth an estimated £435,386.

This is based on house price inflation of 45.1%, between July 2015 and February 2025, for semi-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 45.1% inflationary increase is applied to the most recent sale price for 61 DOWNSWAY of £300,000 on 27th July 2015. For the value to have increased from £300,000 to £435,386 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 61 DOWNSWAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The July 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 61 DOWNSWAY has not materially changed since July 2015.

How Large is 61 DOWNSWAY?

61 DOWNSWAY is 89m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 61 DOWNSWAY lies on this distribution: 18% of semi-detached houses houses are smaller than 61 DOWNSWAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

61 DOWNSWAY: Plot and Title Map

61 DOWNSWAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 61 DOWNSWAY, 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 61 DOWNSWAY). 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 61 DOWNSWAY?

61 DOWNSWAY is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 61 on DOWNSWAY.