12, THE SPINNAKER, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GL - £428,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 THE SPINNAKER is a very large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £428,000 in March 2013, which was around 13% above the average March 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

12 THE SPINNAKER Sold Prices

Land registry data shows three sales for 12 THE SPINNAKER 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 THE SPINNAKER sales were for above 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
2013 28 MAR	£428,000	£380,196	13% above HPI
2004 7 APR	£389,000	£310,507	25% above HPI
1996 11 DEC	£139,000	£110,532	26% above HPI

12 THE SPINNAKER 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 THE SPINNAKER sales between December 1996 and March 2013 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 April 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2013 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 12 THE SPINNAKER?

12 THE SPINNAKER is 165m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 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 THE SPINNAKER lies on this distribution: 88% of detached houses are smaller than 12 THE SPINNAKER, and 12% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 THE SPINNAKER: Plot and Title Map

12 THE SPINNAKER sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 12 THE SPINNAKER, 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 THE SPINNAKER). 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 THE SPINNAKER?

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