49, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WX - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 GANDALFS RIDE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £333,166. It was last sold for £285,000 in March 2020, which was around 20% below the average March 2020 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

49 GANDALFS RIDE Sold Prices

Land registry data shows two sales for 49 GANDALFS RIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 49 GANDALFS RIDE 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
2020 19 MAR	£285,000	£354,490	20% below HPI
1995 26 MAY	£53,000	£61,655	14% below HPI

49 GANDALFS RIDE 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 two 49 GANDALFS RIDE sales from May 1995 and March 2020 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 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 49 GANDALFS RIDE be worth now?

49 GANDALFS RIDE might now be worth an estimated £333,166.

This is based on house price inflation of 16.9%, between March 2020 and December 2024, 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 16.9% inflationary increase is applied to the most recent sale price for 49 GANDALFS RIDE of £285,000 on 19th March 2020. For the value to have increased from £285,000 to £333,166 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 49 GANDALFS RIDE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The March 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 49 GANDALFS RIDE has not materially changed since March 2020.

How Large is 49 GANDALFS RIDE?

49 GANDALFS RIDE is 55m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 49 GANDALFS RIDE lies on this distribution: 1% of semi-detached houses houses are smaller than 49 GANDALFS RIDE, and 99% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

49 GANDALFS RIDE: Plot and Title Map

49 GANDALFS RIDE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 49 GANDALFS RIDE, 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 49 GANDALFS RIDE). 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 49 GANDALFS RIDE?

49 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 49 on GANDALFS RIDE.