48, MITCHELL WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PJ - £133,000

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

48 MITCHELL WAY is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £133,000 in December 2000, which was around 32% below the average December 2000 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

48 MITCHELL WAY Sold Prices

Land registry data shows two sales for 48 MITCHELL 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 48 MITCHELL WAY 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
2000 11 DEC	£133,000	£195,389	32% below HPI
1998 15 JUN	£110,500	£137,353	20% below HPI

48 MITCHELL 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 48 MITCHELL WAY sales from June 1998 and December 2000 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 June 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2000 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 MITCHELL WAY?

48 MITCHELL WAY is 101m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 48 MITCHELL WAY lies on this distribution: 37% of detached houses are smaller than 48 MITCHELL WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

48 MITCHELL WAY: Plot and Title Map

48 MITCHELL WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 48 MITCHELL 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 48 MITCHELL 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 48 MITCHELL WAY?

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