62, DOWNLEAZE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5SJ - £380,000

62 DOWNLEAZE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £380,000 in November 2021, which was around 40% below the average November 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

62 DOWNLEAZE Sold Prices

Land registry data shows three sales for 62 DOWNLEAZE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 62 DOWNLEAZE 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
2021 11 NOV	£380,000	£633,182	40% below HPI
2003 11 APR	£195,000	£290,631	33% below HPI
1995 10 OCT	£73,000	£104,881	30% below HPI

62 DOWNLEAZE 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 three 62 DOWNLEAZE sales between October 1995 and November 2021 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 April 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 62 DOWNLEAZE?

62 DOWNLEAZE is 70m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses by size in South Woodham Ferrers, and where 62 DOWNLEAZE lies on this distribution: 7% of detached houses are smaller than 62 DOWNLEAZE, and 93% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

62 DOWNLEAZE: Plot and Title Map

62 DOWNLEAZE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 62 DOWNLEAZE, 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 62 DOWNLEAZE). 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 62 DOWNLEAZE?

62 DOWNLEAZE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 62 on DOWNLEAZE.