12, DOWNSWAY, CHELMSFORD, CM1 6TU - £380,000

12 DOWNSWAY is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £380,000 in October 2023, which was around 43% below the average October 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

12 DOWNSWAY Sold Prices

Land registry data shows four sales for 12 DOWNSWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 12 DOWNSWAY 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
2023 6 OCT	£380,000	£671,913	43% below HPI
2014 25 FEB	£237,000	£410,178	42% below HPI
2012 20 SEP	£215,000	£390,478	45% below HPI
1998 16 OCT	£86,995	£147,782	41% below HPI

12 DOWNSWAY 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 four 12 DOWNSWAY sales between October 1998 and October 2023 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 February 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 DOWNSWAY?

12 DOWNSWAY is 68m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 12 DOWNSWAY lies on this distribution: 4% of detached houses are smaller than 12 DOWNSWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 DOWNSWAY: Plot and Title Map

12 DOWNSWAY sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 12 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 12 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 12 DOWNSWAY?

12 DOWNSWAY is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 12 on DOWNSWAY.