12, BANKSIDE CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5TT - £325,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 BANKSIDE CLOSE is a very small semi-detached house of 67m², built sometime between 1983 and 1990. It was last sold for £325,000 in October 2021, which was around 48% below the average October 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

12 BANKSIDE CLOSE Sold Prices

Land registry data shows four sales for 12 BANKSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 12 BANKSIDE 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
2021 15 OCT	£325,000	£626,697	48% below HPI
2004 14 JUL	£182,000	£319,375	43% below HPI
2002 30 AUG	£149,995	£257,123	42% below HPI
1999 6 AUG	£85,000	£153,512	45% below HPI

12 BANKSIDE 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 four 12 BANKSIDE CLOSE sales between August 1999 and October 2021 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 July 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 12 BANKSIDE CLOSE?

12 BANKSIDE CLOSE is 67m² according to the EPC inspection conducted in March 2021. 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 12 BANKSIDE CLOSE lies on this distribution: 5% of detached houses are smaller than 12 BANKSIDE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 BANKSIDE CLOSE: Plot and Title Map

12 BANKSIDE CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 12 BANKSIDE 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 12 BANKSIDE 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 12 BANKSIDE CLOSE?

12 BANKSIDE CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 12 on BANKSIDE CLOSE.