40, ELM ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5QB - £430,000

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

40 ELM ROAD is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £430,000 in January 2017, which was around 20% below the average January 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

40 ELM ROAD Sold Prices

Land registry data shows three sales for 40 ELM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 40 ELM 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
2017 27 JAN	£430,000	£537,671	20% below HPI
2001 16 NOV	£177,000	£216,732	18% below HPI
1997 14 FEB	£81,000	£111,729	28% below HPI

40 ELM 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 three 40 ELM ROAD sales between February 1997 and January 2017 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 40 ELM ROAD?

40 ELM ROAD is 117m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 50% 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 40 ELM ROAD lies on this distribution: 58% of detached houses are smaller than 40 ELM ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

40 ELM ROAD: Plot and Title Map

40 ELM ROAD sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 40 ELM 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 40 ELM 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 40 ELM ROAD?

40 ELM ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 40 on ELM ROAD.