3, MELVILLE COTTAGES, MELVILLE HEATH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5FU - £370,000

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 MELVILLE COTTAGES is a small extended detached house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £421,688. It was last sold for £370,000 in November 2018, which was around 37% below the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

3 MELVILLE COTTAGES Sold Prices

Land registry data shows two sales for 3 MELVILLE COTTAGES 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 MELVILLE COTTAGES 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
2018 2 NOV	£370,000	£583,928	37% below HPI
2013 17 APR	£235,000	£384,518	39% below HPI

3 MELVILLE COTTAGES 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 MELVILLE COTTAGES sales from April 2013 and November 2018 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 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 MELVILLE COTTAGES be worth now?

3 MELVILLE COTTAGES might now be worth an estimated £421,688.

This is based on house price inflation of 14%, between November 2018 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 14% inflationary increase is applied to the most recent sale price for 3 MELVILLE COTTAGES of £370,000 on 2nd November 2018. For the value to have increased from £370,000 to £421,688 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 MELVILLE COTTAGES has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MELVILLE COTTAGES has not materially changed since November 2018.

How Large is 3 MELVILLE COTTAGES?

3 MELVILLE COTTAGES is 92m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% 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 MELVILLE COTTAGES lies on this distribution: 27% of detached houses houses are smaller than 3 MELVILLE COTTAGES, and 72% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

3 MELVILLE COTTAGES: Plot and Title Map

3 MELVILLE COTTAGES sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 MELVILLE COTTAGES, 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 MELVILLE COTTAGES). 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 MELVILLE COTTAGES?

3 MELVILLE COTTAGES is located on MELVILLE HEATH in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of 3 MELVILLE COTTAGES on MELVILLE HEATH.