THE BRIARS, CASTLEDON ROAD, DOWNHAM, BILLERICAY, CM11 1LH - £999,999

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

THE BRIARS is a very large extended detached house of 210m², built sometime between 1950 and 1966, which could now be worth an estimated £1,015,002. It was last sold for £999,999 in February 2022, which was around 52% above the average February 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

THE BRIARS Sold Prices

Land registry data shows two sales for THE BRIARS 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 THE BRIARS 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
2022 3 FEB	£999,999	£657,883	52% above HPI
2005 29 SEP	£870,000	£332,059	162% above HPI

THE BRIARS 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 THE BRIARS sales from September 2005 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 2005 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the February 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might THE BRIARS be worth now?

THE BRIARS might now be worth an estimated £1,015,002.

This is based on house price inflation of 1.5%, between February 2022 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 1.5% inflationary increase is applied to the most recent sale price for THE BRIARS of £999,999 on 3rd February 2022. For the value to have increased from £999,999 to £1,015,002 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of THE BRIARS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2022 sale price of £999,999 represented a fair market value for the property.
• The size, condition, and specification of THE BRIARS has not materially changed since February 2022.

How Large is THE BRIARS?

THE BRIARS is 210m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where THE BRIARS lies on this distribution: 97% of detached houses houses are smaller than THE BRIARS, and 3% of houses are larger. Note that EPC data is not available for all properties in Wickford.

THE BRIARS: Plot and Title Map

THE BRIARS sits on a plot of roughly 5.1 acres, or 20,748m². The below map shows the location of THE BRIARS, 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 THE BRIARS). 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 THE BRIARS?

THE BRIARS is located on CASTLEDON ROAD in DOWNHAM, in the CM11 postcode district. The below map shows the position of THE BRIARS on CASTLEDON ROAD.