12, BENBOW DRIVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5FP - £420,000

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.

12 BENBOW DRIVE is a small extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £515,060. It was last sold for £420,000 in December 2016, which was around 23% below the average December 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

12 BENBOW DRIVE Sold Prices

Land registry data shows three sales for 12 BENBOW DRIVE 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 12 BENBOW DRIVE 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
2016 2 DEC	£420,000	£542,675	23% below HPI
2006 27 JAN	£245,000	£329,115	26% below HPI
2002 26 FEB	£140,000	£224,861	38% below HPI

12 BENBOW DRIVE 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 12 BENBOW DRIVE sales between February 2002 and December 2016 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 BENBOW DRIVE be worth now?

12 BENBOW DRIVE might now be worth an estimated £515,060.

This is based on house price inflation of 22.6%, between December 2016 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 22.6% inflationary increase is applied to the most recent sale price for 12 BENBOW DRIVE of £420,000 on 2nd December 2016. For the value to have increased from £420,000 to £515,060 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 BENBOW DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2016 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BENBOW DRIVE has not materially changed since December 2016.

How Large is 12 BENBOW DRIVE?

12 BENBOW DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 12 BENBOW DRIVE lies on this distribution: 39% of detached houses houses are smaller than 12 BENBOW DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 BENBOW DRIVE: Plot and Title Map

12 BENBOW DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 12 BENBOW DRIVE, 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 BENBOW DRIVE). 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 BENBOW DRIVE?

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