242, HULLBRIDGE ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LW - £499,995

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.

242 HULLBRIDGE ROAD is a very large extended detached house of 161m², built sometime between 1950 and 1966, which could now be worth an estimated £611,584. It was last sold for £499,995 in August 2016, which was around 8% below the average August 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

242 HULLBRIDGE ROAD Sold Prices

Land registry data shows two sales for 242 HULLBRIDGE ROAD 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 242 HULLBRIDGE ROAD 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	£499,995	£544,074	8% below HPI
1997 30 MAY	£89,950	£117,833	24% below HPI

242 HULLBRIDGE 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 two 242 HULLBRIDGE ROAD sales from May 1997 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 1997 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 rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 242 HULLBRIDGE ROAD be worth now?

242 HULLBRIDGE ROAD might now be worth an estimated £611,584.

This is based on house price inflation of 22.3%, between August 2016 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 22.3% inflationary increase is applied to the most recent sale price for 242 HULLBRIDGE ROAD of £499,995 on 10th August 2016. For the value to have increased from £499,995 to £611,584 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 242 HULLBRIDGE ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2016 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of 242 HULLBRIDGE ROAD has not materially changed since August 2016.

How Large is 242 HULLBRIDGE ROAD?

242 HULLBRIDGE ROAD is 161m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% 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 242 HULLBRIDGE ROAD lies on this distribution: 86% of detached houses houses are smaller than 242 HULLBRIDGE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

242 HULLBRIDGE ROAD: Plot and Title Map

242 HULLBRIDGE ROAD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 242 HULLBRIDGE 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 242 HULLBRIDGE 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 242 HULLBRIDGE ROAD?

242 HULLBRIDGE ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 242 on HULLBRIDGE ROAD.