12, LETTONS CHASE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GB - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 LETTONS CHASE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £185,000 in May 2002, which was around 22% below the average May 2002 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

12 LETTONS CHASE Sold Prices

Land registry data shows two sales for 12 LETTONS CHASE 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 12 LETTONS CHASE 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
2002 23 MAY	£185,000	£238,132	22% below HPI
1996 21 OCT	£80,000	£110,413	28% below HPI

12 LETTONS CHASE 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 12 LETTONS CHASE sales from October 1996 and May 2002 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 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2002 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 LETTONS CHASE?

12 LETTONS CHASE is 77m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 12 LETTONS CHASE lies on this distribution: 11% of detached houses are smaller than 12 LETTONS CHASE, and 89% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 LETTONS CHASE: Plot and Title Map

12 LETTONS CHASE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 12 LETTONS CHASE, 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 LETTONS CHASE). 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 LETTONS CHASE?

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