12, SOUTHVIEW CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PE - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 SOUTHVIEW CLOSE is a very small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £476,548. It was last sold for £335,000 in June 2015, which was around 28% below the average June 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

12 SOUTHVIEW CLOSE Sold Prices

Land registry data shows three sales for 12 SOUTHVIEW CLOSE 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 SOUTHVIEW 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
2015 18 JUN	£335,000	£467,829	28% below HPI
2006 23 OCT	£277,000	£347,440	20% below HPI
2001 17 AUG	£159,995	£212,073	25% below HPI

12 SOUTHVIEW 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 three 12 SOUTHVIEW CLOSE sales between August 2001 and June 2015 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 12 SOUTHVIEW CLOSE be worth now?

12 SOUTHVIEW CLOSE might now be worth an estimated £476,548.

This is based on house price inflation of 42.3%, between June 2015 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 42.3% inflationary increase is applied to the most recent sale price for 12 SOUTHVIEW CLOSE of £335,000 on 18th June 2015. For the value to have increased from £335,000 to £476,548 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 12 SOUTHVIEW CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2015 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SOUTHVIEW CLOSE has not materially changed since June 2015.

How Large is 12 SOUTHVIEW CLOSE?

12 SOUTHVIEW CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 12 SOUTHVIEW CLOSE lies on this distribution: 19% of detached houses houses are smaller than 12 SOUTHVIEW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 SOUTHVIEW CLOSE: Plot and Title Map

12 SOUTHVIEW CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 12 SOUTHVIEW 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 SOUTHVIEW 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 SOUTHVIEW CLOSE?

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