1, ELRONDS REST, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WW - £380,000

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.

1 ELRONDS REST is a small extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £448,329. It was last sold for £380,000 in June 2018, which was around 33% below the average June 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

1 ELRONDS REST Sold Prices

Land registry data shows five sales for 1 ELRONDS REST since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 1 ELRONDS REST 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
2018 8 JUN	£380,000	£564,073	33% below HPI
2010 29 JAN	£275,000	£357,323	23% below HPI
2007 28 SEP	£289,995	£389,503	26% below HPI
2004 16 JAN	£240,000	£308,663	22% below HPI
1996 30 AUG	£104,000	£109,395	5% below HPI

1 ELRONDS REST 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 five 1 ELRONDS REST sales between August 1996 and June 2018 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 January 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 ELRONDS REST be worth now?

1 ELRONDS REST might now be worth an estimated £448,329.

This is based on house price inflation of 18%, between June 2018 and February 2025, 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 18% inflationary increase is applied to the most recent sale price for 1 ELRONDS REST of £380,000 on 8th June 2018. For the value to have increased from £380,000 to £448,329 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 1 ELRONDS REST has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2018 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELRONDS REST has not materially changed since June 2018.

How Large is 1 ELRONDS REST?

1 ELRONDS REST is 103m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 1 ELRONDS REST lies on this distribution: 40% of detached houses houses are smaller than 1 ELRONDS REST, and 59% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

1 ELRONDS REST: Plot and Title Map

1 ELRONDS REST sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 ELRONDS REST, 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 ELRONDS REST). 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 ELRONDS REST?

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