26, THE SPINNAKER, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GL - £407,000

26 THE SPINNAKER is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £407,000 in February 2015, which was around 10% below the average February 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

26 THE SPINNAKER Sold Prices

Land registry data shows four sales for 26 THE SPINNAKER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Most of the four 26 THE SPINNAKER 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 20 FEB	£407,000	£453,774	10% below HPI
2005 5 AUG	£295,000	£331,894	11% below HPI
2000 30 JUN	£175,000	£182,428	4% below HPI
1997 1 JUL	£132,500	£123,759	7% above HPI

26 THE SPINNAKER 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 four 26 THE SPINNAKER sales between July 1997 and February 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 August 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 26 THE SPINNAKER?

26 THE SPINNAKER is 117m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 26 THE SPINNAKER lies on this distribution: 58% of detached houses are smaller than 26 THE SPINNAKER, and 41% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

26 THE SPINNAKER: Plot and Title Map

26 THE SPINNAKER sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 26 THE SPINNAKER, 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 26 THE SPINNAKER). 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 26 THE SPINNAKER?

26 THE SPINNAKER is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 26 on THE SPINNAKER.