56, CHAMPIONS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5NJ - £390,000

56 CHAMPIONS WAY is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £390,000 in June 2018, which was around 30% below the average June 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

56 CHAMPIONS WAY Sold Prices

Land registry data shows three sales for 56 CHAMPIONS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 56 CHAMPIONS WAY 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
2018 22 JUN	£390,000	£558,123	30% below HPI
2004 1 SEP	£217,500	£328,539	34% below HPI
2000 28 JAN	£125,000	£170,510	27% below HPI

56 CHAMPIONS WAY 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 three 56 CHAMPIONS WAY sales between January 2000 and June 2018 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 September 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 CHAMPIONS WAY?

56 CHAMPIONS WAY is 85m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 56 CHAMPIONS WAY lies on this distribution: 17% of detached houses are smaller than 56 CHAMPIONS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

56 CHAMPIONS WAY: Plot and Title Map

56 CHAMPIONS WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 56 CHAMPIONS WAY, 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 56 CHAMPIONS WAY). 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 56 CHAMPIONS WAY?

56 CHAMPIONS WAY is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 56 on CHAMPIONS WAY.