2, DRYWOODS, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5ZG - £510,000

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

2 DRYWOODS is a very large extended detached house of 158m², built sometime between 1983 and 1990. It was last sold for £510,000 in September 2017, which was around 9% below the average September 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 DRYWOODS Sold Prices

Land registry data shows four sales for 2 DRYWOODS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 2 DRYWOODS sales were for below the average price, and four were for above 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 25 SEP	£510,000	£562,830	9% below HPI
2016 22 JUL	£510,000	£524,445	3% below HPI
2001 20 DEC	£230,000	£219,796	5% above HPI
1996 12 DEC	£128,500	£110,532	16% above HPI

2 DRYWOODS 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 four 2 DRYWOODS sales between December 1996 and September 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 July 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 DRYWOODS?

2 DRYWOODS is 158m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 20% 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 2 DRYWOODS lies on this distribution: 85% of detached houses are smaller than 2 DRYWOODS, and 14% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

2 DRYWOODS: Plot and Title Map

2 DRYWOODS sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 DRYWOODS, 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 2 DRYWOODS). 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 2 DRYWOODS?

2 DRYWOODS is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 2 on DRYWOODS.