5, CORNISH GROVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5XX - £370,000

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.

5 CORNISH GROVE is a large detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £422,671. It was last sold for £370,000 in December 2019, which was around 36% below the average December 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was D.

5 CORNISH GROVE Sold Prices

Land registry data shows two sales for 5 CORNISH GROVE 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 5 CORNISH GROVE 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
2019 10 DEC	£370,000	£582,570	36% below HPI
1998 14 JUL	£113,500	£138,179	18% below HPI

5 CORNISH GROVE 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 5 CORNISH GROVE sales from July 1998 and December 2019 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 July 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 CORNISH GROVE be worth now?

5 CORNISH GROVE might now be worth an estimated £422,671.

This is based on house price inflation of 14.2%, between December 2019 and February 2025, for 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 14.2% inflationary increase is applied to the most recent sale price for 5 CORNISH GROVE of £370,000 on 10th December 2019. For the value to have increased from £370,000 to £422,671 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 CORNISH GROVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CORNISH GROVE has not materially changed since December 2019.

How Large is 5 CORNISH GROVE?

5 CORNISH GROVE is 119m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 5 CORNISH GROVE lies on this distribution: 60% of detached houses houses are smaller than 5 CORNISH GROVE, and 39% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 CORNISH GROVE: Plot and Title Map

5 CORNISH GROVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 CORNISH GROVE, 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 5 CORNISH GROVE). 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 5 CORNISH GROVE?

5 CORNISH GROVE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 5 on CORNISH GROVE.