56, ELM ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5QB - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 ELM ROAD is a midsized semi-detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £510,690. It was last sold for £420,000 in November 2017, which was around 24% above the average November 2017 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

56 ELM ROAD Sold Prices

Land registry data shows three sales for 56 ELM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 56 ELM ROAD sales were for above 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
2017 10 NOV	£420,000	£338,404	24% above HPI
2006 24 FEB	£240,000	£201,565	19% above HPI
2001 2 AUG	£139,995	£119,683	17% above HPI

56 ELM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 56 ELM ROAD sales between August 2001 and November 2017 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 February 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2017 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 56 ELM ROAD be worth now?

56 ELM ROAD might now be worth an estimated £510,690.

This is based on house price inflation of 21.6%, between November 2017 and February 2025, for semi-detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 56 ELM ROAD of £420,000 on 10th November 2017. For the value to have increased from £420,000 to £510,690 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 56 ELM ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The November 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 56 ELM ROAD has not materially changed since November 2017.

How Large is 56 ELM ROAD?

56 ELM ROAD is 113m² according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of semi-detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Woodham Ferrers, and where 56 ELM ROAD lies on this distribution: 53% of semi-detached houses houses are smaller than 56 ELM ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

56 ELM ROAD: Plot and Title Map

56 ELM ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 56 ELM ROAD, 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 ELM ROAD). 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 ELM ROAD?

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