4, THE LEEWAY, DANBURY, CHELMSFORD, CM3 4PS - £500,000

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.

4 THE LEEWAY is a midsized extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £580,135. It was last sold for £500,000 in October 2019, which was around 16% below the average October 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

4 THE LEEWAY Sold Prices

Land registry data shows one sale for 4 THE LEEWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 23 OCT	£500,000	£593,870	16% below HPI

What might 4 THE LEEWAY be worth now?

4 THE LEEWAY might now be worth an estimated £580,135.

This is based on house price inflation of 16%, between October 2019 and May 2026, 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 16% inflationary increase is applied to the most recent sale price for 4 THE LEEWAY of £500,000 on 23rd October 2019. For the value to have increased from £500,000 to £580,135 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 4 THE LEEWAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE LEEWAY has not materially changed since October 2019.

How Large is 4 THE LEEWAY?

4 THE LEEWAY is 140m², which includes four extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 4 THE LEEWAY lies on this distribution: 46% of detached houses are smaller than 4 THE LEEWAY, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Danbury.

4 THE LEEWAY: Plot

4 THE LEEWAY sits on a plot of roughly 0.095 of an acre, or 384m².

Where is 4 THE LEEWAY?

4 THE LEEWAY is located in DANBURY, in the CM3 postcode district.