THE HEATHERS, SOUTH HANNINGFIELD WAY, RUNWELL, WICKFORD, SS11 7DT - £580,000

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

THE HEATHERS is a very large extended detached house of 252m², built sometime between 1950 and 1966. It was last sold for £580,000 in October 2014, which was around 30% above the average October 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

THE HEATHERS Sold Prices

Land registry data shows two sales for THE HEATHERS 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 HEATHERS 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
2014 31 OCT	£580,000	£445,843	30% above HPI
1997 16 DEC	£189,995	£132,475	43% above HPI

THE HEATHERS 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 HEATHERS sales from December 1997 and October 2014 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 December 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2014 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE HEATHERS?

THE HEATHERS is 252m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where THE HEATHERS lies on this distribution: 98% of detached houses are smaller than THE HEATHERS, and 2% of houses are larger. Note that EPC data is not available for all properties in Runwell.

THE HEATHERS: Plot and Title Map

THE HEATHERS sits on a plot of roughly 0.873 of an acre, or 3,534m². The below map shows the location of THE HEATHERS, 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 HEATHERS). 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 HEATHERS?

THE HEATHERS is located on SOUTH HANNINGFIELD WAY in RUNWELL, in the SS11 postcode district. The below map shows the position of THE HEATHERS on SOUTH HANNINGFIELD WAY.