3, HARVEST CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5XR - £360,000

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 HARVEST CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £378,258. It was last sold for £360,000 in October 2021, which was around 43% below the average October 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 HARVEST CLOSE Sold Prices

Land registry data shows four sales for 3 HARVEST CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 3 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
2021 29 OCT	£360,000	£633,379	43% below HPI
2017 31 MAR	£330,000	£556,382	41% below HPI
2012 23 MAR	£220,000	£366,021	40% below HPI
2000 28 JAN	£93,000	£172,328	46% below HPI

3 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 four 3 HARVEST CLOSE sales between January 2000 and October 2021 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 March 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 HARVEST CLOSE be worth now?

3 HARVEST CLOSE might now be worth an estimated £378,258.

This is based on house price inflation of 5.1%, between October 2021 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 5.1% inflationary increase is applied to the most recent sale price for 3 HARVEST CLOSE of £360,000 on 29th October 2021. For the value to have increased from £360,000 to £378,258 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 HARVEST CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HARVEST CLOSE has not materially changed since October 2021.

How Large is 3 HARVEST CLOSE?

3 HARVEST CLOSE is 68m² according to the EPC inspection conducted in October 2011. 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 3 HARVEST CLOSE lies on this distribution: 6% of detached houses houses are smaller than 3 HARVEST CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

3 HARVEST CLOSE: Plot and Title Map

3 HARVEST CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 3 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 3 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 3 HARVEST CLOSE?

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