159, INCHBONNIE ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5ZW - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

159 INCHBONNIE ROAD is a midsized detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £465,108. It was last sold for £415,000 in May 2021, which was around 30% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

159 INCHBONNIE ROAD Sold Prices

Land registry data shows two sales for 159 INCHBONNIE ROAD 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 159 INCHBONNIE ROAD 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 10 MAY	£415,000	£593,804	30% below HPI
2018 20 APR	£360,000	£574,401	37% below HPI

159 INCHBONNIE ROAD 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 159 INCHBONNIE ROAD sales from April 2018 and May 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 April 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 159 INCHBONNIE ROAD be worth now?

159 INCHBONNIE ROAD might now be worth an estimated £465,108.

This is based on house price inflation of 12.1%, between May 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 12.1% inflationary increase is applied to the most recent sale price for 159 INCHBONNIE ROAD of £415,000 on 10th May 2021. For the value to have increased from £415,000 to £465,108 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 159 INCHBONNIE ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 159 INCHBONNIE ROAD has not materially changed since May 2021.

How Large is 159 INCHBONNIE ROAD?

159 INCHBONNIE ROAD is 108m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 159 INCHBONNIE ROAD lies on this distribution: 46% of detached houses houses are smaller than 159 INCHBONNIE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

159 INCHBONNIE ROAD: Plot and Title Map

159 INCHBONNIE ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 159 INCHBONNIE ROAD, 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 159 INCHBONNIE ROAD). 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 159 INCHBONNIE ROAD?

159 INCHBONNIE ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 159 on INCHBONNIE ROAD.