21, GREAT SMIALS, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WN - £345,000

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.

21 GREAT SMIALS is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £410,053. It was last sold for £345,000 in May 2017, which was around 38% below the average May 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

21 GREAT SMIALS Sold Prices

Land registry data shows two sales for 21 GREAT SMIALS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 21 GREAT SMIALS 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
2017 26 MAY	£345,000	£559,923	38% below HPI
1995 11 AUG	£84,995	£105,915	20% below HPI

21 GREAT SMIALS 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 two 21 GREAT SMIALS sales from August 1995 and May 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 August 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 21 GREAT SMIALS be worth now?

21 GREAT SMIALS might now be worth an estimated £410,053.

This is based on house price inflation of 18.9%, between May 2017 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 18.9% inflationary increase is applied to the most recent sale price for 21 GREAT SMIALS of £345,000 on 26th May 2017. For the value to have increased from £345,000 to £410,053 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 21 GREAT SMIALS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2017 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GREAT SMIALS has not materially changed since May 2017.

How Large is 21 GREAT SMIALS?

21 GREAT SMIALS is 98m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% 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 21 GREAT SMIALS lies on this distribution: 33% of detached houses houses are smaller than 21 GREAT SMIALS, and 66% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

21 GREAT SMIALS: Plot and Title Map

21 GREAT SMIALS sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 21 GREAT SMIALS, 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 21 GREAT SMIALS). 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 21 GREAT SMIALS?

21 GREAT SMIALS is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 21 on GREAT SMIALS.