2, MEREWORTH ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7BG - £695,000

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 MEREWORTH ROAD is a very large extended detached house of 191m², built sometime between 2003 and 2006. It was last sold for £695,000 in February 2017, which was around 27% above the average February 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

2 MEREWORTH ROAD Sold Prices

Land registry data shows three sales for 2 MEREWORTH 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 2 MEREWORTH ROAD sales 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 22 FEB	£695,000	£549,323	27% above HPI
2008 20 NOV	£460,000	£341,492	35% above HPI
2003 31 JUL	£440,000	£298,436	47% above HPI

2 MEREWORTH 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 2 MEREWORTH ROAD sales between July 2003 and February 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 November 2008 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 MEREWORTH ROAD?

2 MEREWORTH ROAD is 191m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% 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 MEREWORTH ROAD lies on this distribution: 94% of detached houses are smaller than 2 MEREWORTH ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

2 MEREWORTH ROAD: Plot and Title Map

2 MEREWORTH ROAD sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 2 MEREWORTH 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 2 MEREWORTH 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 2 MEREWORTH ROAD?

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