18, REYNOLDS GATE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5FA - £400,000

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.

18 REYNOLDS GATE is a very small extended semi-detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £402,532. It was last sold for £400,000 in April 2022, which was around 2% below the average April 2022 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

18 REYNOLDS GATE Sold Prices

Land registry data shows four sales for 18 REYNOLDS GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Most of the four 18 REYNOLDS GATE 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
2022 29 APR	£400,000	£408,887	2% below HPI
2022 11 MAR	£400,000	£402,058	1% below HPI
2021 4 FEB	£321,000	£371,123	14% below HPI
1995 31 OCT	£68,500	£61,086	12% above HPI

18 REYNOLDS GATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 18 REYNOLDS GATE sales between October 1995 and April 2022 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 March 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 18 REYNOLDS GATE be worth now?

18 REYNOLDS GATE might now be worth an estimated £402,532.

This is based on house price inflation of 0.6%, between April 2022 and February 2025, for semi-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 0.6% inflationary increase is applied to the most recent sale price for 18 REYNOLDS GATE of £400,000 on 29th April 2022. For the value to have increased from £400,000 to £402,532 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 18 REYNOLDS GATE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The April 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 18 REYNOLDS GATE has not materially changed since April 2022.

How Large is 18 REYNOLDS GATE?

18 REYNOLDS GATE is 70m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of semi-detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Woodham Ferrers, and where 18 REYNOLDS GATE lies on this distribution: 7% of semi-detached houses houses are smaller than 18 REYNOLDS GATE, and 93% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

18 REYNOLDS GATE: Plot and Title Map

18 REYNOLDS GATE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 18 REYNOLDS GATE, 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 REYNOLDS GATE). 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 REYNOLDS GATE?

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