1, COLNE CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5XW - £149,995

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

1 COLNE CLOSE is a very small extended detached house of 65m², built sometime between 1983 and 1990. It was last sold for £149,995 in August 2002, which was around 42% below the average August 2002 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

1 COLNE CLOSE Sold Prices

Land registry data shows two sales for 1 COLNE CLOSE 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 1 COLNE CLOSE 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
2002 1 AUG	£149,995	£257,123	42% below HPI
1996 29 FEB	£56,000	£100,012	44% below HPI

1 COLNE CLOSE 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 1 COLNE CLOSE sales from February 1996 and August 2002 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 1996 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2002 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1 COLNE CLOSE?

1 COLNE CLOSE is 65m², which includes two extensions, according to the EPC inspection conducted in February 2015. 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 1 COLNE CLOSE lies on this distribution: 4% of detached houses are smaller than 1 COLNE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

1 COLNE CLOSE: Plot and Title Map

1 COLNE CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 1 COLNE CLOSE, 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 1 COLNE CLOSE). 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 1 COLNE CLOSE?

1 COLNE CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 1 on COLNE CLOSE.