5, GIMLI WATCH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LD - £347,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 GIMLI WATCH is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £347,000 in December 2019, which was around 40% below the average December 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 GIMLI WATCH Sold Prices

Land registry data shows four sales for 5 GIMLI WATCH 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 5 GIMLI WATCH 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 13 DEC	£347,000	£576,424	40% below HPI
2008 21 AUG	£248,500	£370,526	33% below HPI
2003 21 JUL	£187,000	£298,436	37% below HPI
2000 25 OCT	£127,000	£197,546	36% below HPI

5 GIMLI WATCH 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 5 GIMLI WATCH sales between October 2000 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 August 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 GIMLI WATCH?

5 GIMLI WATCH is 94m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 5 GIMLI WATCH lies on this distribution: 29% of detached houses are smaller than 5 GIMLI WATCH, and 70% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 GIMLI WATCH: Plot and Title Map

5 GIMLI WATCH sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 5 GIMLI WATCH, 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 GIMLI WATCH). 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 GIMLI WATCH?

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