38, CLEMENTS GREEN LANE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5JP - £274,995

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.

38 CLEMENTS GREEN LANE is a large semi-detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £478,075. It was last sold for £274,995 in August 2013, which was around 16% above the average August 2013 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

38 CLEMENTS GREEN LANE Sold Prices

Land registry data shows four sales for 38 CLEMENTS GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Most of the four 38 CLEMENTS GREEN LANE sales were for above 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
2013 12 AUG	£274,995	£236,686	16% above HPI
2004 2 FEB	£218,000	£183,391	19% above HPI
2002 20 SEP	£110,000	£149,891	27% below HPI
1996 29 NOV	£87,500	£64,290	36% above HPI

38 CLEMENTS GREEN LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 38 CLEMENTS GREEN LANE sales between November 1996 and August 2013 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 February 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 38 CLEMENTS GREEN LANE be worth now?

38 CLEMENTS GREEN LANE might now be worth an estimated £478,075.

This is based on house price inflation of 73.8%, between August 2013 and February 2025, for semi-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 73.8% inflationary increase is applied to the most recent sale price for 38 CLEMENTS GREEN LANE of £274,995 on 12th August 2013. For the value to have increased from £274,995 to £478,075 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 38 CLEMENTS GREEN LANE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2013 sale price of £274,995 represented a fair market value for the property.
• The size, condition, and specification of 38 CLEMENTS GREEN LANE has not materially changed since August 2013.

How Large is 38 CLEMENTS GREEN LANE?

38 CLEMENTS GREEN LANE is 137m² according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of semi-detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Woodham Ferrers, and where 38 CLEMENTS GREEN LANE lies on this distribution: 74% of semi-detached houses houses are smaller than 38 CLEMENTS GREEN LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

38 CLEMENTS GREEN LANE: Plot and Title Map

38 CLEMENTS GREEN LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 38 CLEMENTS GREEN LANE, 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 38 CLEMENTS GREEN LANE). 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 38 CLEMENTS GREEN LANE?

38 CLEMENTS GREEN LANE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 38 on CLEMENTS GREEN LANE.