18, ALBERT ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LP - £545,000

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

18 ALBERT ROAD is a large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £545,000 in February 2023, which was around 20% below the average February 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

18 ALBERT ROAD Sold Prices

Land registry data shows three sales for 18 ALBERT ROAD 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 18 ALBERT 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
2023 3 FEB	£545,000	£677,095	20% below HPI
2015 16 FEB	£329,995	£453,774	27% below HPI
2005 3 AUG	£280,000	£331,894	16% below HPI

18 ALBERT 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 three 18 ALBERT ROAD sales between August 2005 and February 2023 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 February 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 ALBERT ROAD?

18 ALBERT ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 40% 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 18 ALBERT ROAD lies on this distribution: 66% of detached houses are smaller than 18 ALBERT ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

18 ALBERT ROAD: Plot and Title Map

18 ALBERT ROAD sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 18 ALBERT 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 18 ALBERT 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 18 ALBERT ROAD?

18 ALBERT ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 18 on ALBERT ROAD.