13, GIMLI WATCH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LD - £480,000

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

13 GIMLI WATCH is a midsized extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £480,000 in March 2023, which was around 29% below the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

13 GIMLI WATCH Sold Prices

Land registry data shows two sales for 13 GIMLI WATCH 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 13 GIMLI WATCH 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
2023 10 MAR	£480,000	£673,039	29% below HPI
2005 25 FEB	£220,000	£322,022	32% below HPI

13 GIMLI WATCH 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 13 GIMLI WATCH sales from February 2005 and March 2023 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 February 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 13 GIMLI WATCH?

13 GIMLI WATCH is 106m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% 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 13 GIMLI WATCH lies on this distribution: 43% of detached houses are smaller than 13 GIMLI WATCH, and 56% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

13 GIMLI WATCH: Plot and Title Map

13 GIMLI WATCH sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 13 GIMLI WATCH, 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 13 GIMLI WATCH). 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 13 GIMLI WATCH?

13 GIMLI WATCH is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 13 on GIMLI WATCH.