48, THE CHASE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PY - £432,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 THE CHASE is a small extended semi-detached house of 96m², built sometime between 1930 and 1949. It was last sold for £432,000 in November 2022, which was around 37% below the average November 2022 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 THE CHASE Sold Prices

Land registry data shows four sales for 48 THE CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 48 THE CHASE 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
2022 29 NOV	£432,000	£688,575	37% below HPI
2019 13 SEP	£360,000	£590,218	39% below HPI
2011 24 JUN	£245,000	£371,963	34% below HPI
1997 23 DEC	£80,000	£132,475	40% below HPI

48 THE CHASE 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 four 48 THE CHASE sales between December 1997 and November 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 September 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 THE CHASE?

48 THE CHASE is 96m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 THE CHASE lies on this distribution: 31% of detached houses are smaller than 48 THE CHASE, and 68% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

48 THE CHASE: Plot and Title Map

48 THE CHASE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 48 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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