27, ORMESBY CHINE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AR - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 ORMESBY CHINE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £425,000 in March 2023, which was around 37% below the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

27 ORMESBY CHINE Sold Prices

Land registry data shows three sales for 27 ORMESBY CHINE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 27 ORMESBY CHINE 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
2023 27 MAR	£425,000	£673,039	37% below HPI
1999 12 APR	£118,500	£145,092	18% below HPI
1996 29 FEB	£90,000	£100,012	10% below HPI

27 ORMESBY CHINE 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 three 27 ORMESBY CHINE sales between February 1996 and March 2023 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 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 27 ORMESBY CHINE?

27 ORMESBY CHINE is 90m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% 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 27 ORMESBY CHINE lies on this distribution: 24% of detached houses are smaller than 27 ORMESBY CHINE, and 75% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

27 ORMESBY CHINE: Plot and Title Map

27 ORMESBY CHINE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 27 ORMESBY CHINE, 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 ORMESBY CHINE). 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 ORMESBY CHINE?

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