15, ELRONDS REST, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WW - £515,000

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

15 ELRONDS REST is a large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £572,070. It was last sold for £515,000 in July 2021, which was around 14% below the average July 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

15 ELRONDS REST Sold Prices

Land registry data shows five sales for 15 ELRONDS REST 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 15 ELRONDS REST 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
2021 19 JUL	£515,000	£599,110	14% below HPI
2017 2 MAR	£440,000	£556,382	21% below HPI
2010 15 FEB	£265,000	£358,153	26% below HPI
2003 8 AUG	£230,000	£300,735	24% below HPI
1996 30 OCT	£103,750	£111,590	7% below HPI

15 ELRONDS REST 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 15 ELRONDS REST sales between October 1996 and July 2021 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 March 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 ELRONDS REST be worth now?

15 ELRONDS REST might now be worth an estimated £572,070.

This is based on house price inflation of 11.1%, between July 2021 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 11.1% inflationary increase is applied to the most recent sale price for 15 ELRONDS REST of £515,000 on 19th July 2021. For the value to have increased from £515,000 to £572,070 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 15 ELRONDS REST has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELRONDS REST has not materially changed since July 2021.

How Large is 15 ELRONDS REST?

15 ELRONDS REST is 124m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 15 ELRONDS REST lies on this distribution: 64% of detached houses houses are smaller than 15 ELRONDS REST, and 35% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

15 ELRONDS REST: Plot and Title Map

15 ELRONDS REST sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 ELRONDS REST, 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 ELRONDS REST). 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 ELRONDS REST?

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