40, KINGS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5QH - £390,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 KINGS WAY is a very large extended detached house of 185m², built sometime between 1950 and 1966. It was last sold for £390,000 in November 2007, which was around 1% above the average November 2007 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

40 KINGS WAY Sold Prices

Land registry data shows two sales for 40 KINGS WAY 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 40 KINGS WAY 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
2007 2 NOV	£390,000	£387,875	1% above HPI
2004 28 MAY	£340,000	£309,762	10% above HPI

40 KINGS WAY 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 40 KINGS WAY sales from May 2004 and November 2007 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2007 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 40 KINGS WAY?

40 KINGS WAY is 185m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% 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 KINGS WAY lies on this distribution: 94% of detached houses are smaller than 40 KINGS WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

40 KINGS WAY: Plot and Title Map

40 KINGS WAY sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 40 KINGS WAY, 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 KINGS WAY). 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 KINGS WAY?

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