3, WOOLARDS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5NW - £496,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 WOOLARDS WAY is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £496,000 in May 2021, which was around 16% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

3 WOOLARDS WAY Sold Prices

Land registry data shows two sales for 3 WOOLARDS WAY 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 WOOLARDS WAY 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 21 MAY	£496,000	£587,540	16% below HPI
2013 3 MAY	£230,000	£384,464	40% below HPI

3 WOOLARDS WAY 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 WOOLARDS WAY sales from May 2013 and May 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 May 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 WOOLARDS WAY?

3 WOOLARDS WAY is 84m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses by size in South Woodham Ferrers, and where 3 WOOLARDS WAY lies on this distribution: 17% of detached houses are smaller than 3 WOOLARDS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

3 WOOLARDS WAY: Plot and Title Map

3 WOOLARDS WAY sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 3 WOOLARDS WAY, 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 WOOLARDS WAY). 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 WOOLARDS WAY?

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