48, KING EDWARDS ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PQ - £425,000

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.

48 KING EDWARDS ROAD is a small extended semi-detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £410,673. It was last sold for £425,000 in August 2022, which was about the average August 2022 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

48 KING EDWARDS ROAD Sold Prices

Land registry data shows three sales for 48 KING EDWARDS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. The three 48 KING EDWARDS ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2022 19 AUG	£425,000	£425,830	Close to HPI
2008 16 MAY	£250,000	£233,458	7% above HPI
2005 25 NOV	£200,000	£201,084	1% below HPI

48 KING EDWARDS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 48 KING EDWARDS ROAD sales between November 2005 and August 2022 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 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 48 KING EDWARDS ROAD be worth now?

48 KING EDWARDS ROAD might now be worth an estimated £410,673.

This is based on house price deflation of 3.4%, between August 2022 and February 2025, for semi-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 3.4% deflationary decrease is applied to the most recent sale price for 48 KING EDWARDS ROAD of £425,000 on 19th August 2022. For the value to have decreased from £425,000 to £410,673 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 48 KING EDWARDS ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 48 KING EDWARDS ROAD has not materially changed since August 2022.

How Large is 48 KING EDWARDS ROAD?

48 KING EDWARDS ROAD is 101m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of semi-detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Woodham Ferrers, and where 48 KING EDWARDS ROAD lies on this distribution: 37% of semi-detached houses houses are smaller than 48 KING EDWARDS ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

48 KING EDWARDS ROAD: Plot and Title Map

48 KING EDWARDS ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 48 KING EDWARDS 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 48 KING EDWARDS 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 48 KING EDWARDS ROAD?

48 KING EDWARDS ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 48 on KING EDWARDS ROAD.