3, ANCHOR REACH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GS - £510,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ANCHOR REACH is a small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £515,440. It was last sold for £510,000 in March 2022, which was around 23% below the average March 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

3 ANCHOR REACH Sold Prices

Land registry data shows two sales for 3 ANCHOR REACH 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 3 ANCHOR REACH 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
2022 11 MAR	£510,000	£660,705	23% below HPI
2003 12 JUN	£245,000	£299,611	18% below HPI

3 ANCHOR REACH 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 3 ANCHOR REACH sales from June 2003 and March 2022 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 June 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 ANCHOR REACH be worth now?

3 ANCHOR REACH might now be worth an estimated £515,440.

This is based on house price inflation of 1.1%, between March 2022 and December 2024, 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 1.1% inflationary increase is applied to the most recent sale price for 3 ANCHOR REACH of £510,000 on 11th March 2022. For the value to have increased from £510,000 to £515,440 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 3 ANCHOR REACH has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ANCHOR REACH has not materially changed since March 2022.

How Large is 3 ANCHOR REACH?

3 ANCHOR REACH is 102m² according to the EPC inspection conducted in October 2021. 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 3 ANCHOR REACH lies on this distribution: 38% of detached houses houses are smaller than 3 ANCHOR REACH, and 61% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

3 ANCHOR REACH: Plot and Title Map

3 ANCHOR REACH sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 3 ANCHOR REACH, 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 3 ANCHOR REACH). 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 3 ANCHOR REACH?

3 ANCHOR REACH is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 3 on ANCHOR REACH.