28A, GREEN LANE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5JQ - £399,995

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.

28A GREEN LANE is a small detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £446,484. It was last sold for £399,995 in December 2020, which was around 33% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

28A GREEN LANE Sold Prices

Land registry data shows three sales for 28A GREEN LANE 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 28A GREEN LANE 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 4 DEC	£399,995	£596,207	33% below HPI
2018 27 JUL	£365,000	£575,004	37% below HPI
2006 2 AUG	£245,000	£346,069	29% below HPI

28A GREEN LANE 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 28A GREEN LANE sales between August 2006 and December 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 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 28A GREEN LANE be worth now?

28A GREEN LANE might now be worth an estimated £446,484.

This is based on house price inflation of 11.6%, between December 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 11.6% inflationary increase is applied to the most recent sale price for 28A GREEN LANE of £399,995 on 4th December 2020. For the value to have increased from £399,995 to £446,484 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 28A GREEN LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £399,995 represented a fair market value for the property.
• The size, condition, and specification of 28A GREEN LANE has not materially changed since December 2020.

How Large is 28A GREEN LANE?

28A GREEN LANE is 102m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 28A GREEN LANE lies on this distribution: 38% of detached houses houses are smaller than 28A GREEN LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

28A GREEN LANE: Plot and Title Map

28A GREEN LANE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 28A GREEN LANE, 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 28A GREEN LANE). 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 28A GREEN LANE?

28A GREEN LANE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 28A on GREEN LANE.