15, BANDHILLS CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5JW - £350,000

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

15 BANDHILLS CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2020, which was around 41% below the average October 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 BANDHILLS CLOSE Sold Prices

Land registry data shows two sales for 15 BANDHILLS CLOSE 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 15 BANDHILLS CLOSE 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
2020 16 OCT	£350,000	£589,349	41% below HPI
2016 20 MAY	£315,000	£510,650	38% below HPI

15 BANDHILLS CLOSE 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 15 BANDHILLS CLOSE sales from May 2016 and October 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 May 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 BANDHILLS CLOSE?

15 BANDHILLS CLOSE is 72m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 15 BANDHILLS CLOSE lies on this distribution: 8% of detached houses are smaller than 15 BANDHILLS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

15 BANDHILLS CLOSE: Plot and Title Map

15 BANDHILLS CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 15 BANDHILLS CLOSE, 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 15 BANDHILLS CLOSE). 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 15 BANDHILLS CLOSE?

15 BANDHILLS CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 15 on BANDHILLS CLOSE.