15, GIMLI WATCH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LD - £385,000

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 GIMLI WATCH is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £385,000 in February 2017, which was around 30% below the average February 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

15 GIMLI WATCH Sold Prices

Land registry data shows three sales for 15 GIMLI WATCH 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. All of the three 15 GIMLI WATCH 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
2017 22 FEB	£385,000	£549,323	30% below HPI
2014 6 JAN	£250,000	£399,419	37% below HPI
2002 14 JUN	£191,000	£245,730	22% below HPI

15 GIMLI WATCH 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 15 GIMLI WATCH sales between June 2002 and February 2017 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 January 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 GIMLI WATCH?

15 GIMLI WATCH is 140m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% 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 GIMLI WATCH lies on this distribution: 76% of detached houses are smaller than 15 GIMLI WATCH, and 23% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

15 GIMLI WATCH: Plot and Title Map

15 GIMLI WATCH sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 15 GIMLI WATCH, 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 GIMLI WATCH). 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 GIMLI WATCH?

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