118, KING EDWARDS ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5TL - £650,000

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.

118 KING EDWARDS ROAD is a very large extended detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £655,090. 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.

118 KING EDWARDS ROAD Sold Prices

Land registry data shows three sales for 118 KING EDWARDS ROAD 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 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	£660,330	2% below HPI
2021 28 OCT	£510,000	£633,379	19% below HPI
2015 21 SEP	£321,500	£487,822	34% below HPI

118 KING EDWARDS ROAD 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 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.

What might 118 KING EDWARDS ROAD be worth now?

118 KING EDWARDS ROAD might now be worth an estimated £655,090.

This is based on house price inflation of 0.8%, between April 2024 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 0.8% inflationary increase is applied to the most recent sale price for 118 KING EDWARDS ROAD of £650,000 on 24th April 2024. For the value to have increased from £650,000 to £655,090 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 118 KING EDWARDS ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2024 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 118 KING EDWARDS ROAD has not materially changed since April 2024.

How Large is 118 KING EDWARDS ROAD?

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 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 118 KING EDWARDS ROAD lies on this distribution: 86% of detached houses 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: Plot and Title Map

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.

Where is 118 KING EDWARDS ROAD?

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.