36, MITCHELL WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PJ - £382,500

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.

36 MITCHELL WAY is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £426,695. It was last sold for £382,500 in April 2021, which was around 36% below the average April 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

36 MITCHELL WAY Sold Prices

Land registry data shows two sales for 36 MITCHELL 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 36 MITCHELL 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 22 APR	£382,500	£596,571	36% below HPI
2017 14 JUL	£320,000	£573,192	44% below HPI

36 MITCHELL 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 36 MITCHELL WAY sales from July 2017 and April 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 July 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 36 MITCHELL WAY be worth now?

36 MITCHELL WAY might now be worth an estimated £426,695.

This is based on house price inflation of 11.6%, between April 2021 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 11.6% inflationary increase is applied to the most recent sale price for 36 MITCHELL WAY of £382,500 on 22nd April 2021. For the value to have increased from £382,500 to £426,695 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 36 MITCHELL WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2021 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 36 MITCHELL WAY has not materially changed since April 2021.

How Large is 36 MITCHELL WAY?

36 MITCHELL WAY is 100m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% 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 36 MITCHELL WAY lies on this distribution: 35% of detached houses houses are smaller than 36 MITCHELL WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

36 MITCHELL WAY: Plot and Title Map

36 MITCHELL WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 36 MITCHELL 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 36 MITCHELL 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 36 MITCHELL WAY?

36 MITCHELL WAY is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 36 on MITCHELL WAY.