3, WOODHAM DRIVE, HATFIELD PEVEREL, CHELMSFORD, CM3 2RR - £535,000

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 WOODHAM DRIVE is a very large extended detached house of 172m², built sometime between 1976 and 1982, which could now be worth an estimated £667,586. It was last sold for £535,000 in October 2016, which was around 18% above the average October 2016 detached price in the Braintree local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 WOODHAM DRIVE Sold Prices

Land registry data shows two sales for 3 WOODHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the two 3 WOODHAM DRIVE sales was for above the average price, whilst the other was 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
2016 5 OCT	£535,000	£452,844	18% above HPI
2005 1 APR	£285,000	£288,486	1% below HPI

3 WOODHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3 WOODHAM DRIVE sales from April 2005 and October 2016 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 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 3 WOODHAM DRIVE be worth now?

3 WOODHAM DRIVE might now be worth an estimated £667,586.

This is based on house price inflation of 24.8%, between October 2016 and March 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 3 WOODHAM DRIVE of £535,000 on 5th October 2016. For the value to have increased from £535,000 to £667,586 over the nine years and seven months to March 2025, the following assumptions must hold true:

• The value of 3 WOODHAM DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2016 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOODHAM DRIVE has not materially changed since October 2016.

How Large is 3 WOODHAM DRIVE?

3 WOODHAM DRIVE is 172m², which includes three extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 3 WOODHAM DRIVE lies on this distribution: 91% of detached houses houses are smaller than 3 WOODHAM DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

3 WOODHAM DRIVE: Plot and Title Map

3 WOODHAM DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 3 WOODHAM DRIVE, 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 WOODHAM DRIVE). 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 WOODHAM DRIVE?

3 WOODHAM DRIVE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 3 on WOODHAM DRIVE.