18, SHIREBOURN VALE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5ZX - £405,000

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 SHIREBOURN VALE is a small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £425,540. It was last sold for £405,000 in October 2021, which was around 36% below the average October 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

18 SHIREBOURN VALE Sold Prices

Land registry data shows five sales for 18 SHIREBOURN VALE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 18 SHIREBOURN VALE 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 28 OCT	£405,000	£633,379	36% below HPI
2013 19 MAR	£250,000	£384,250	35% below HPI
2004 29 SEP	£242,000	£332,042	27% below HPI
2003 24 JUL	£180,000	£301,618	40% below HPI
1998 13 NOV	£104,000	£147,925	30% below HPI

18 SHIREBOURN VALE 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 five 18 SHIREBOURN VALE sales between November 1998 and October 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 March 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 18 SHIREBOURN VALE be worth now?

18 SHIREBOURN VALE might now be worth an estimated £425,540.

This is based on house price inflation of 5.1%, between October 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 5.1% inflationary increase is applied to the most recent sale price for 18 SHIREBOURN VALE of £405,000 on 28th October 2021. For the value to have increased from £405,000 to £425,540 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 SHIREBOURN VALE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SHIREBOURN VALE has not materially changed since October 2021.

How Large is 18 SHIREBOURN VALE?

18 SHIREBOURN VALE is 88m² according to the EPC inspection conducted in January 2013. 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 18 SHIREBOURN VALE lies on this distribution: 21% of detached houses houses are smaller than 18 SHIREBOURN VALE, and 78% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

18 SHIREBOURN VALE: Plot and Title Map

18 SHIREBOURN VALE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 18 SHIREBOURN VALE, 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 SHIREBOURN VALE). 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 SHIREBOURN VALE?

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