17, CORAL CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PP - £355,000

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.

17 CORAL CLOSE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £413,245. It was last sold for £355,000 in August 2017, which was around 38% below the average August 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

17 CORAL CLOSE Sold Prices

Land registry data shows two sales for 17 CORAL 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 17 CORAL 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
2017 31 AUG	£355,000	£574,506	38% below HPI
2004 22 SEP	£225,000	£332,042	32% below HPI

17 CORAL 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 17 CORAL CLOSE sales from September 2004 and August 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 September 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 17 CORAL CLOSE be worth now?

17 CORAL CLOSE might now be worth an estimated £413,245.

This is based on house price inflation of 16.4%, between August 2017 and March 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 16.4% inflationary increase is applied to the most recent sale price for 17 CORAL CLOSE of £355,000 on 31st August 2017. For the value to have increased from £355,000 to £413,245 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of 17 CORAL CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CORAL CLOSE has not materially changed since August 2017.

How Large is 17 CORAL CLOSE?

17 CORAL CLOSE is 93m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% 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 17 CORAL CLOSE lies on this distribution: 28% of detached houses houses are smaller than 17 CORAL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

17 CORAL CLOSE: Plot and Title Map

17 CORAL CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 17 CORAL 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 17 CORAL 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 17 CORAL CLOSE?

17 CORAL CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 17 on CORAL CLOSE.