38, INCHBONNIE ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5FG - £430,000

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.

38 INCHBONNIE ROAD is a midsized detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £423,946. It was last sold for £430,000 in December 2024, which was around 36% below the average December 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

38 INCHBONNIE ROAD Sold Prices

Land registry data shows five sales for 38 INCHBONNIE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 38 INCHBONNIE ROAD 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
2024 18 DEC	£430,000	£675,004	36% below HPI
2024 11 JUL	£407,000	£654,445	38% below HPI
2017 23 MAY	£295,000	£559,923	47% below HPI
2012 27 JUL	£233,000	£385,005	39% below HPI
2006 28 JUL	£220,000	£344,603	36% below HPI

38 INCHBONNIE ROAD 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 five 38 INCHBONNIE ROAD sales between July 2006 and December 2024 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 2024 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 38 INCHBONNIE ROAD be worth now?

38 INCHBONNIE ROAD might now be worth an estimated £423,946.

This is based on house price deflation of 1.4%, between December 2024 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 1.4% deflationary decrease is applied to the most recent sale price for 38 INCHBONNIE ROAD of £430,000 on 18th December 2024. For the value to have decreased from £430,000 to £423,946 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 38 INCHBONNIE ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2024 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 38 INCHBONNIE ROAD has not materially changed since December 2024.

How Large is 38 INCHBONNIE ROAD?

38 INCHBONNIE ROAD is 117m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 38 INCHBONNIE ROAD lies on this distribution: 58% of detached houses houses are smaller than 38 INCHBONNIE ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

38 INCHBONNIE ROAD: Plot and Title Map

38 INCHBONNIE ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 38 INCHBONNIE ROAD, 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 INCHBONNIE ROAD). 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 INCHBONNIE ROAD?

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