7, ELLIOT CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5YN - £286,000

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.

7 ELLIOT CLOSE is a very small semi-detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £345,873. It was last sold for £286,000 in June 2018, which was around 16% below the average June 2018 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

7 ELLIOT CLOSE Sold Prices

Land registry data shows six sales for 7 ELLIOT CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the six 7 ELLIOT CLOSE 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 14 JUN	£286,000	£340,246	16% below HPI
2015 23 OCT	£236,000	£298,036	21% below HPI
2010 29 OCT	£193,000	£225,658	14% below HPI
2004 8 NOV	£167,000	£201,381	17% below HPI
2002 25 OCT	£137,500	£153,333	10% below HPI
2000 31 JAN	£75,000	£97,669	23% below HPI

7 ELLIOT CLOSE 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 six 7 ELLIOT CLOSE 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 October 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 ELLIOT CLOSE be worth now?

7 ELLIOT CLOSE might now be worth an estimated £345,873.

This is based on house price inflation of 20.9%, between June 2018 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 20.9% inflationary increase is applied to the most recent sale price for 7 ELLIOT CLOSE of £286,000 on 14th June 2018. For the value to have increased from £286,000 to £345,873 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 ELLIOT CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2018 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELLIOT CLOSE has not materially changed since June 2018.

How Large is 7 ELLIOT CLOSE?

7 ELLIOT CLOSE is 77m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% 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 7 ELLIOT CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 7 ELLIOT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

7 ELLIOT CLOSE: Plot and Title Map

7 ELLIOT CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 7 ELLIOT CLOSE, 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 7 ELLIOT CLOSE). 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 7 ELLIOT CLOSE?

7 ELLIOT CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 7 on ELLIOT CLOSE.