54, CORNWALLIS DRIVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5YE - £530,000

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

54 CORNWALLIS DRIVE is a large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £530,000 in September 2021, which was around 13% below the average September 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

54 CORNWALLIS DRIVE Sold Prices

Land registry data shows two sales for 54 CORNWALLIS DRIVE 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 54 CORNWALLIS DRIVE 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
2021 24 SEP	£530,000	£608,459	13% below HPI
1996 18 DEC	£104,500	£110,532	5% below HPI

54 CORNWALLIS DRIVE 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 54 CORNWALLIS DRIVE sales from December 1996 and September 2021 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 December 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 54 CORNWALLIS DRIVE?

54 CORNWALLIS DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 54 CORNWALLIS DRIVE lies on this distribution: 74% of detached houses are smaller than 54 CORNWALLIS DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

54 CORNWALLIS DRIVE: Plot and Title Map

54 CORNWALLIS DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 54 CORNWALLIS DRIVE, 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 54 CORNWALLIS DRIVE). 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 54 CORNWALLIS DRIVE?

54 CORNWALLIS DRIVE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 54 on CORNWALLIS DRIVE.