7, RUNSELL CLOSE, DANBURY, CHELMSFORD, CM3 4PQ - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RUNSELL CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £450,000 in September 2022, which was around 35% below the average September 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

7 RUNSELL CLOSE Sold Prices

Land registry data shows five sales for 7 RUNSELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 7 RUNSELL CLOSE 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
2022 16 SEP	£450,000	£687,833	35% below HPI
2010 21 JAN	£279,950	£353,554	21% below HPI
2002 10 JAN	£176,500	£219,568	20% below HPI
1999 18 FEB	£119,500	£139,864	15% below HPI
1996 25 JUL	£95,000	£105,775	10% below HPI

7 RUNSELL CLOSE 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 five 7 RUNSELL CLOSE sales between July 1996 and September 2022 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 January 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 RUNSELL CLOSE?

7 RUNSELL CLOSE is 70m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 7 RUNSELL CLOSE lies on this distribution: 1% of detached houses are smaller than 7 RUNSELL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Danbury.

7 RUNSELL CLOSE: Plot and Title Map

7 RUNSELL CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 7 RUNSELL CLOSE, 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 7 RUNSELL CLOSE). 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 7 RUNSELL CLOSE?

7 RUNSELL CLOSE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 7 on RUNSELL CLOSE.