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
118 KING EDWARDS ROAD is a very large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £650,000 in April 2024, which was around 2% below the average April 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 118 KING EDWARDS ROAD since 1st 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 118 KING EDWARDS ROAD 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 |
---|---|---|---|
2024 24 APR | £650,000 | £660,001 | 2% below HPI |
2021 28 OCT | £510,000 | £626,697 | 19% below HPI |
2015 21 SEP | £321,500 | £482,675 | 33% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 118 KING EDWARDS ROAD sales between September 2015 and April 2024 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 October 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
118 KING EDWARDS ROAD is 159m², which includes four extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% 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 118 KING EDWARDS ROAD lies on this distribution: 86% of detached houses are smaller than 118 KING EDWARDS ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.
118 KING EDWARDS ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 118 KING EDWARDS ROAD, 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 118 KING EDWARDS ROAD). 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.
118 KING EDWARDS ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 118 on KING EDWARDS ROAD.