18, SIMMONDS WAY, DANBURY, CHELMSFORD, CM3 4PT - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 SIMMONDS WAY is a very small terraced house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £602,505. It was last sold for £320,000 in August 2011, which was around 76% above the average August 2011 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was C.

18 SIMMONDS WAY Sold Prices

Land registry data shows two sales for 18 SIMMONDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 18 SIMMONDS WAY 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
2011 10 AUG	£320,000	£181,313	76% above HPI
1996 14 JUN	£97,000	£48,202	101% above HPI

18 SIMMONDS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 18 SIMMONDS WAY sales from June 1996 and August 2011 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 June 1996 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the August 2011 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 18 SIMMONDS WAY be worth now?

18 SIMMONDS WAY might now be worth an estimated £602,505.

This is based on house price inflation of 88.3%, between August 2011 and May 2026, for terraced 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 88.3% inflationary increase is applied to the most recent sale price for 18 SIMMONDS WAY of £320,000 on 10th August 2011. For the value to have increased from £320,000 to £602,505 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 18 SIMMONDS WAY has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The August 2011 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SIMMONDS WAY has not materially changed since August 2011.

How Large is 18 SIMMONDS WAY?

18 SIMMONDS WAY is 99m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of terraced houses houses in Danbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Danbury, and where 18 SIMMONDS WAY lies on this distribution: 11% of terraced houses houses are smaller than 18 SIMMONDS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Danbury.

18 SIMMONDS WAY: Plot and Title Map

18 SIMMONDS WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 18 SIMMONDS WAY, 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 18 SIMMONDS WAY). 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 18 SIMMONDS WAY?

18 SIMMONDS WAY is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 18 on SIMMONDS WAY.