138, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WS - £248,000

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

138 GANDALFS RIDE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £248,000 in July 2012, which was around 35% below the average July 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

138 GANDALFS RIDE Sold Prices

Land registry data shows two sales for 138 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 138 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
2012 20 JUL	£248,000	£380,944	35% below HPI
1999 29 APR	£107,000	£145,092	26% below HPI

138 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 138 GANDALFS RIDE sales from April 1999 and July 2012 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 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 138 GANDALFS RIDE?

138 GANDALFS RIDE is 90m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 30% 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 138 GANDALFS RIDE lies on this distribution: 24% of detached houses are smaller than 138 GANDALFS RIDE, and 75% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

138 GANDALFS RIDE: Plot and Title Map

138 GANDALFS RIDE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 138 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 138 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 138 GANDALFS RIDE?

138 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 138 on GANDALFS RIDE.