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
36 CORNWALLIS DRIVE is a large detached house of 138m², built sometime between 1996 and 2002. It was last sold for £385,000 in May 2020, which was around 34% below the average May 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 36 CORNWALLIS DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 36 CORNWALLIS DRIVE 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 |
---|---|---|---|
2020 29 MAY | £385,000 | £587,055 | 34% below HPI |
2019 6 SEP | £371,000 | £590,218 | 37% below HPI |
2015 5 JUN | £322,500 | £462,894 | 30% below HPI |
1999 23 SEP | £131,000 | £156,881 | 16% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 36 CORNWALLIS DRIVE sales between September 1999 and May 2020 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 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
36 CORNWALLIS DRIVE is 138m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% 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 36 CORNWALLIS DRIVE lies on this distribution: 75% of detached houses are smaller than 36 CORNWALLIS DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.
36 CORNWALLIS DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 36 CORNWALLIS 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 36 CORNWALLIS 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.
36 CORNWALLIS DRIVE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 36 on CORNWALLIS DRIVE.