14, ORMESBY CHINE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AR - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 ORMESBY CHINE is a very large detached house of 225m², built sometime between 1996 and 2002, which could now be worth an estimated £759,179. It was last sold for £675,000 in August 2020, which was around 14% above the average August 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

14 ORMESBY CHINE Sold Prices

Land registry data shows three sales for 14 ORMESBY CHINE 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. Two of the three 14 ORMESBY CHINE sales were for above the average price, whilst one was 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
2020 21 AUG	£675,000	£591,709	14% above HPI
2015 22 OCT	£575,000	£497,383	16% above HPI
1996 29 NOV	£57,000	£112,070	49% below HPI

14 ORMESBY CHINE 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 14 ORMESBY CHINE sales between November 1996 and August 2020 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 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 14 ORMESBY CHINE be worth now?

14 ORMESBY CHINE might now be worth an estimated £759,179.

This is based on house price inflation of 12.5%, between August 2020 and February 2025, 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 12.5% inflationary increase is applied to the most recent sale price for 14 ORMESBY CHINE of £675,000 on 21st August 2020. For the value to have increased from £675,000 to £759,179 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 14 ORMESBY CHINE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2020 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ORMESBY CHINE has not materially changed since August 2020.

How Large is 14 ORMESBY CHINE?

14 ORMESBY CHINE is 225m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% 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 14 ORMESBY CHINE lies on this distribution: 98% of detached houses houses are smaller than 14 ORMESBY CHINE, and 2% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

14 ORMESBY CHINE: Plot and Title Map

14 ORMESBY CHINE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 14 ORMESBY CHINE, 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 14 ORMESBY CHINE). 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 14 ORMESBY CHINE?

14 ORMESBY CHINE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 14 on ORMESBY CHINE.