5, THE BIGHT, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GJ - £510,000

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

5 THE BIGHT is a large semi-detached house of 121m², built sometime between 1996 and 2002. It was last sold for £510,000 in November 2022, which was around 26% below the average November 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 THE BIGHT Sold Prices

Land registry data shows two sales for 5 THE BIGHT 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 THE BIGHT 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 24 NOV	£510,000	£688,575	26% below HPI
2014 6 AUG	£277,500	£435,105	36% below HPI

5 THE BIGHT 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 THE BIGHT sales from August 2014 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 August 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 THE BIGHT?

5 THE BIGHT is 121m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 5 THE BIGHT lies on this distribution: 61% of detached houses are smaller than 5 THE BIGHT, and 38% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 THE BIGHT: Plot and Title Map

5 THE BIGHT sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 THE BIGHT, 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 THE BIGHT). 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 THE BIGHT?

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