137, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WS - £330,000

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

137 GANDALFS RIDE is a large detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £482,136. It was last sold for £330,000 in January 2015, which was around 28% below the average January 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

137 GANDALFS RIDE Sold Prices

Land registry data shows two sales for 137 GANDALFS RIDE 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 137 GANDALFS RIDE 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 8 JAN	£330,000	£457,046	28% below HPI
1998 23 OCT	£129,995	£149,357	13% below HPI

137 GANDALFS RIDE 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 137 GANDALFS RIDE sales from October 1998 and January 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 137 GANDALFS RIDE be worth now?

137 GANDALFS RIDE might now be worth an estimated £482,136.

This is based on house price inflation of 46.1%, between January 2015 and December 2024, 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 46.1% inflationary increase is applied to the most recent sale price for 137 GANDALFS RIDE of £330,000 on 8th January 2015. For the value to have increased from £330,000 to £482,136 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 137 GANDALFS RIDE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 137 GANDALFS RIDE has not materially changed since January 2015.

How Large is 137 GANDALFS RIDE?

137 GANDALFS RIDE is 136m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% 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 137 GANDALFS RIDE lies on this distribution: 74% of detached houses houses are smaller than 137 GANDALFS RIDE, and 26% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

137 GANDALFS RIDE: Plot and Title Map

137 GANDALFS RIDE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 137 GANDALFS RIDE, 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 137 GANDALFS RIDE). 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 137 GANDALFS RIDE?

137 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 137 on GANDALFS RIDE.