15, REDSHANK CRESCENT, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5SF - £305,000

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 REDSHANK CRESCENT is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £408,092. It was last sold for £305,000 in October 2015, which was around 39% below the average October 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

15 REDSHANK CRESCENT Sold Prices

Land registry data shows two sales for 15 REDSHANK CRESCENT 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 REDSHANK CRESCENT 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
2015 30 OCT	£305,000	£497,383	39% below HPI
1996 23 AUG	£77,000	£109,395	30% below HPI

15 REDSHANK CRESCENT 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 REDSHANK CRESCENT sales from August 1996 and October 2015 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 August 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 15 REDSHANK CRESCENT be worth now?

15 REDSHANK CRESCENT might now be worth an estimated £408,092.

This is based on house price inflation of 33.8%, between October 2015 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 33.8% inflationary increase is applied to the most recent sale price for 15 REDSHANK CRESCENT of £305,000 on 30th October 2015. For the value to have increased from £305,000 to £408,092 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 REDSHANK CRESCENT has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDSHANK CRESCENT has not materially changed since October 2015.

How Large is 15 REDSHANK CRESCENT?

15 REDSHANK CRESCENT is 97m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 REDSHANK CRESCENT lies on this distribution: 33% of detached houses houses are smaller than 15 REDSHANK CRESCENT, and 67% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

15 REDSHANK CRESCENT: Plot and Title Map

15 REDSHANK CRESCENT sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 15 REDSHANK CRESCENT, 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 REDSHANK CRESCENT). 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 REDSHANK CRESCENT?

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