10, ORCHID PLACE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LQ - £320,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

10 ORCHID PLACE is a midsized extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £320,000 in October 2014, which was around 28% below the average October 2014 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.

10 ORCHID PLACE Sold Prices

Land registry data shows two sales for 10 ORCHID PLACE 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 10 ORCHID PLACE 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
2014 8 OCT	£320,000	£445,843	28% below HPI
1999 22 JAN	£100,000	£141,034	29% below HPI

10 ORCHID PLACE 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 10 ORCHID PLACE sales from January 1999 and October 2014 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 10 ORCHID PLACE?

10 ORCHID PLACE is 107m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% 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 10 ORCHID PLACE lies on this distribution: 45% of detached houses are smaller than 10 ORCHID PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

10 ORCHID PLACE: Plot and Title Map

10 ORCHID PLACE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 10 ORCHID PLACE, 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 10 ORCHID PLACE). 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 10 ORCHID PLACE?

10 ORCHID PLACE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 10 on ORCHID PLACE.