3, CORNFIELDS, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5UD - £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.

3 CORNFIELDS is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £458,969. It was last sold for £315,000 in November 2014, which was around 31% below the average November 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

3 CORNFIELDS Sold Prices

Land registry data shows two sales for 3 CORNFIELDS 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 CORNFIELDS 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
2014 4 NOV	£315,000	£456,747	31% below HPI
1995 21 JUN	£90,000	£104,441	14% below HPI

3 CORNFIELDS 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 CORNFIELDS sales from June 1995 and November 2014 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 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 CORNFIELDS be worth now?

3 CORNFIELDS might now be worth an estimated £458,969.

This is based on house price inflation of 45.7%, between November 2014 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 45.7% inflationary increase is applied to the most recent sale price for 3 CORNFIELDS of £315,000 on 4th November 2014. For the value to have increased from £315,000 to £458,969 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 CORNFIELDS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CORNFIELDS has not materially changed since November 2014.

How Large is 3 CORNFIELDS?

3 CORNFIELDS is 83m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 CORNFIELDS lies on this distribution: 16% of detached houses houses are smaller than 3 CORNFIELDS, and 83% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

3 CORNFIELDS: Plot and Title Map

3 CORNFIELDS sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 3 CORNFIELDS, 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 CORNFIELDS). 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 CORNFIELDS?

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