7, GIMLI WATCH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LD - £426,000

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

7 GIMLI WATCH is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £426,000 in October 2021, which was around 32% below the average October 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

7 GIMLI WATCH Sold Prices

Land registry data shows six sales for 7 GIMLI WATCH since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the six 7 GIMLI WATCH 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 22 OCT	£426,000	£626,697	32% below HPI
2015 24 AUG	£299,995	£473,341	37% below HPI
2012 24 FEB	£245,000	£365,065	33% below HPI
2006 15 SEP	£255,000	£344,761	26% below HPI
2003 31 OCT	£235,000	£302,087	22% below HPI
2001 27 JUL	£169,995	£203,973	17% below HPI

7 GIMLI WATCH 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 six 7 GIMLI WATCH sales between July 2001 and October 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 August 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 GIMLI WATCH?

7 GIMLI WATCH is 132m² according to the EPC inspection conducted in April 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 7 GIMLI WATCH lies on this distribution: 71% of detached houses are smaller than 7 GIMLI WATCH, and 28% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

7 GIMLI WATCH: Plot and Title Map

7 GIMLI WATCH sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 7 GIMLI WATCH, 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 GIMLI WATCH). 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 GIMLI WATCH?

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