56, CORNWALLIS DRIVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5YE - £315,000

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

56 CORNWALLIS DRIVE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £315,000 in December 2014, which was around 31% below the average December 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

56 CORNWALLIS DRIVE Sold Prices

Land registry data shows four sales for 56 CORNWALLIS DRIVE 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 56 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
2014 1 DEC	£315,000	£454,813	31% below HPI
2007 11 DEC	£279,995	£386,970	28% below HPI
1997 30 MAY	£89,950	£116,590	23% below HPI
1995 30 JUN	£77,500	£103,339	25% below HPI

56 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 four 56 CORNWALLIS DRIVE sales between June 1995 and December 2014 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 56 CORNWALLIS DRIVE?

56 CORNWALLIS DRIVE is 95m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 56 CORNWALLIS DRIVE lies on this distribution: 30% of detached houses are smaller than 56 CORNWALLIS DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

56 CORNWALLIS DRIVE: Plot and Title Map

56 CORNWALLIS DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 56 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 56 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 56 CORNWALLIS DRIVE?

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