24, ELLIOT CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5YN - £272,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 ELLIOT CLOSE is a large detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £398,128. It was last sold for £272,500 in January 2015, which was around 40% below the average January 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

24 ELLIOT CLOSE Sold Prices

Land registry data shows two sales for 24 ELLIOT CLOSE 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 24 ELLIOT CLOSE 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
2015 9 JAN	£272,500	£457,046	40% below HPI
2011 14 APR	£240,000	£386,824	38% below HPI

24 ELLIOT CLOSE 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 24 ELLIOT CLOSE sales from April 2011 and January 2015 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 April 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 24 ELLIOT CLOSE be worth now?

24 ELLIOT CLOSE might now be worth an estimated £398,128.

This is based on house price inflation of 46.1%, between January 2015 and December 2024, 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 46.1% inflationary increase is applied to the most recent sale price for 24 ELLIOT CLOSE of £272,500 on 9th January 2015. For the value to have increased from £272,500 to £398,128 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 24 ELLIOT CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2015 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 24 ELLIOT CLOSE has not materially changed since January 2015.

How Large is 24 ELLIOT CLOSE?

24 ELLIOT CLOSE is 132m² according to the EPC inspection conducted in December 2010. This puts it in the largest 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 24 ELLIOT CLOSE lies on this distribution: 72% of detached houses houses are smaller than 24 ELLIOT CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

24 ELLIOT CLOSE: Plot and Title Map

24 ELLIOT CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 24 ELLIOT CLOSE, 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 24 ELLIOT CLOSE). 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 24 ELLIOT CLOSE?

24 ELLIOT CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 24 on ELLIOT CLOSE.