34, CORNISH GROVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5XX - £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.

34 CORNISH GROVE is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £413,562. It was last sold for £370,000 in March 2019, which was around 38% below the average March 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

34 CORNISH GROVE Sold Prices

Land registry data shows three sales for 34 CORNISH GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 34 CORNISH GROVE 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
2019 6 MAR	£370,000	£595,402	38% below HPI
2004 29 SEP	£250,000	£332,042	25% below HPI
1999 31 MAR	£101,500	£142,216	29% below HPI

34 CORNISH GROVE 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 three 34 CORNISH GROVE sales between March 1999 and March 2019 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 September 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 34 CORNISH GROVE be worth now?

34 CORNISH GROVE might now be worth an estimated £413,562.

This is based on house price inflation of 11.8%, between March 2019 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 11.8% inflationary increase is applied to the most recent sale price for 34 CORNISH GROVE of £370,000 on 6th March 2019. For the value to have increased from £370,000 to £413,562 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 34 CORNISH GROVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CORNISH GROVE has not materially changed since March 2019.

How Large is 34 CORNISH GROVE?

34 CORNISH GROVE is 106m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% 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 34 CORNISH GROVE lies on this distribution: 43% of detached houses houses are smaller than 34 CORNISH GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

34 CORNISH GROVE: Plot and Title Map

34 CORNISH GROVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 34 CORNISH GROVE, 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 34 CORNISH GROVE). 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 34 CORNISH GROVE?

34 CORNISH GROVE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 34 on CORNISH GROVE.