14, WESTMARCH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AB - £325,000

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

14 WESTMARCH is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £325,000 in May 2016, which was around 36% below the average May 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

14 WESTMARCH Sold Prices

Land registry data shows five sales for 14 WESTMARCH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 14 WESTMARCH 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
2016 27 MAY	£325,000	£510,650	36% below HPI
2006 12 DEC	£212,500	£348,483	39% below HPI
2000 24 JUL	£115,000	£186,211	38% below HPI
1998 6 FEB	£84,995	£133,722	36% below HPI
1995 25 OCT	£70,000	£104,881	33% below HPI

14 WESTMARCH 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 five 14 WESTMARCH sales between October 1995 and May 2016 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 December 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 14 WESTMARCH?

14 WESTMARCH is 79m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 14 WESTMARCH lies on this distribution: 12% of detached houses are smaller than 14 WESTMARCH, and 87% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

14 WESTMARCH: Plot and Title Map

14 WESTMARCH sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 14 WESTMARCH, 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 WESTMARCH). 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 WESTMARCH?

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