4, ANCHOR REACH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GS - £515,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 ANCHOR REACH is a very large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £515,000 in July 2019, which was around 12% below the average July 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

4 ANCHOR REACH Sold Prices

Land registry data shows five sales for 4 ANCHOR REACH 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 4 ANCHOR REACH 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
2019 12 JUL	£515,000	£587,286	12% below HPI
2016 12 MAY	£420,000	£510,650	18% below HPI
2008 7 MAY	£327,500	£381,013	14% below HPI
2003 16 MAY	£232,500	£294,908	21% below HPI
2001 30 JUL	£182,500	£203,973	11% below HPI

4 ANCHOR REACH 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 4 ANCHOR REACH sales between July 2001 and July 2019 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 May 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 ANCHOR REACH?

4 ANCHOR REACH is 148m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 4 ANCHOR REACH lies on this distribution: 81% of detached houses are smaller than 4 ANCHOR REACH, and 18% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

4 ANCHOR REACH: Plot and Title Map

4 ANCHOR REACH sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 4 ANCHOR REACH, 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 4 ANCHOR REACH). 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 4 ANCHOR REACH?

4 ANCHOR REACH is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 4 on ANCHOR REACH.