4, ELRONDS REST, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WW - £392,500

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.

4 ELRONDS REST is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £440,082. It was last sold for £392,500 in July 2019, which was around 34% below the average July 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

4 ELRONDS REST Sold Prices

Land registry data shows two sales for 4 ELRONDS REST 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 4 ELRONDS REST 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 26 JUL	£392,500	£593,547	34% below HPI
2001 12 NOV	£163,000	£219,043	26% below HPI

4 ELRONDS REST 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 4 ELRONDS REST sales from November 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 November 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 ELRONDS REST be worth now?

4 ELRONDS REST might now be worth an estimated £440,082.

This is based on house price inflation of 12.1%, between July 2019 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 12.1% inflationary increase is applied to the most recent sale price for 4 ELRONDS REST of £392,500 on 26th July 2019. For the value to have increased from £392,500 to £440,082 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 4 ELRONDS REST has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2019 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ELRONDS REST has not materially changed since July 2019.

How Large is 4 ELRONDS REST?

4 ELRONDS REST is 96m² according to the EPC inspection conducted in October 2018. 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 4 ELRONDS REST lies on this distribution: 31% of detached houses houses are smaller than 4 ELRONDS REST, and 68% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

4 ELRONDS REST: Plot and Title Map

4 ELRONDS REST sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 4 ELRONDS REST, 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 ELRONDS REST). 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 ELRONDS REST?

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