2, OSTERLEY PLACE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AZ - £361,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 OSTERLEY PLACE is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £361,000 in August 2016, which was around 33% below the average August 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 OSTERLEY PLACE Sold Prices

Land registry data shows three sales for 2 OSTERLEY PLACE 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 OSTERLEY PLACE 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
2016 10 AUG	£361,000	£538,334	33% below HPI
2013 28 MAY	£292,000	£384,464	24% below HPI
2007 30 MAR	£308,000	£356,309	14% below HPI

2 OSTERLEY PLACE 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 OSTERLEY PLACE sales between March 2007 and August 2016 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 May 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 OSTERLEY PLACE?

2 OSTERLEY PLACE is 87m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 OSTERLEY PLACE lies on this distribution: 20% of detached houses are smaller than 2 OSTERLEY PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

2 OSTERLEY PLACE: Plot and Title Map

2 OSTERLEY PLACE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 OSTERLEY PLACE, 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 OSTERLEY PLACE). 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 OSTERLEY PLACE?

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