27, HARVEST CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5XR - £315,000

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.

27 HARVEST CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £353,325. It was last sold for £315,000 in May 2020, which was around 47% below the average May 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

27 HARVEST CLOSE Sold Prices

Land registry data shows two sales for 27 HARVEST 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 27 HARVEST 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
2020 28 MAY	£315,000	£593,314	47% below HPI
1998 31 JUL	£85,000	£138,179	38% below HPI

27 HARVEST 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 27 HARVEST CLOSE sales from July 1998 and May 2020 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 July 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 27 HARVEST CLOSE be worth now?

27 HARVEST CLOSE might now be worth an estimated £353,325.

This is based on house price inflation of 12.2%, between May 2020 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 12.2% inflationary increase is applied to the most recent sale price for 27 HARVEST CLOSE of £315,000 on 28th May 2020. For the value to have increased from £315,000 to £353,325 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 27 HARVEST CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 27 HARVEST CLOSE has not materially changed since May 2020.

How Large is 27 HARVEST CLOSE?

27 HARVEST CLOSE is 65m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 27 HARVEST CLOSE lies on this distribution: 4% of detached houses houses are smaller than 27 HARVEST CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

27 HARVEST CLOSE: Plot and Title Map

27 HARVEST CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 27 HARVEST 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 27 HARVEST 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 27 HARVEST CLOSE?

27 HARVEST CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 27 on HARVEST CLOSE.