34, ORMESBY CHINE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AR - £460,000

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

34 ORMESBY CHINE is a small extended detached house of 95m², built sometime between 2003 and 2006. It was last sold for £460,000 in October 2022, which was around 33% below the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

34 ORMESBY CHINE Sold Prices

Land registry data shows three sales for 34 ORMESBY CHINE 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 ORMESBY CHINE 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
2022 4 OCT	£460,000	£687,552	33% below HPI
2004 2 APR	£232,500	£310,507	25% below HPI
2003 28 MAR	£205,000	£288,660	29% below HPI

34 ORMESBY CHINE 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 ORMESBY CHINE sales between March 2003 and October 2022 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 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 34 ORMESBY CHINE?

34 ORMESBY CHINE is 95m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 34 ORMESBY CHINE lies on this distribution: 30% of detached houses are smaller than 34 ORMESBY CHINE, and 69% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

34 ORMESBY CHINE: Plot and Title Map

34 ORMESBY CHINE sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 34 ORMESBY CHINE, 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 ORMESBY CHINE). 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 ORMESBY CHINE?

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