8, GORSE WOOD VIEW, RUNWELL, WICKFORD, SS11 7FY - £565,000

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

8 GORSE WOOD VIEW is a midsized detached house of 128m². It was last sold for £565,000 in February 2022, which was around 13% below the average February 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

8 GORSE WOOD VIEW Sold Prices

Land registry data shows three sales for 8 GORSE WOOD VIEW 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 8 GORSE WOOD VIEW 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 17 FEB	£565,000	£650,942	13% below HPI
2020 11 SEP	£540,000	£591,655	9% below HPI
2017 23 JUN	£525,000	£560,464	6% below HPI

8 GORSE WOOD VIEW 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 8 GORSE WOOD VIEW sales between June 2017 and February 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 September 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 GORSE WOOD VIEW?

8 GORSE WOOD VIEW is 128m² according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 8 GORSE WOOD VIEW lies on this distribution: 49% of detached houses are smaller than 8 GORSE WOOD VIEW, and 48% of houses are larger. Note that EPC data is not available for all properties in Runwell.

8 GORSE WOOD VIEW: Plot and Title Map

8 GORSE WOOD VIEW sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 8 GORSE WOOD VIEW, 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 8 GORSE WOOD VIEW). 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 8 GORSE WOOD VIEW?

8 GORSE WOOD VIEW is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 8 on GORSE WOOD VIEW.