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

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

138 GANDALFS RIDE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £430,131. It was last sold for £248,000 in July 2012, which was around 36% 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	£385,005	36% below HPI
1999 29 APR	£107,000	£146,639	27% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 138 GANDALFS RIDE be worth now?

138 GANDALFS RIDE might now be worth an estimated £430,131.

This is based on house price inflation of 73.4%, between July 2012 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 73.4% inflationary increase is applied to the most recent sale price for 138 GANDALFS RIDE of £248,000 on 20th July 2012. For the value to have increased from £248,000 to £430,131 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 138 GANDALFS RIDE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2012 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 138 GANDALFS RIDE has not materially changed since July 2012.

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 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 138 GANDALFS RIDE lies on this distribution: 23% of detached houses 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.