7, PENSHURST DRIVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AY - £430,000

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 PENSHURST DRIVE is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £430,000 in December 2016, which was around 20% below the average December 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

7 PENSHURST DRIVE Sold Prices

Land registry data shows four sales for 7 PENSHURST 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 7 PENSHURST 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
2016 2 DEC	£430,000	£536,950	20% below HPI
2011 16 DEC	£268,000	£371,183	28% below HPI
2002 30 SEP	£195,000	£260,272	25% below HPI
1998 2 DEC	£105,375	£144,235	27% below HPI

7 PENSHURST 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 7 PENSHURST DRIVE sales between December 1998 and December 2016 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 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 PENSHURST DRIVE?

7 PENSHURST DRIVE is 90m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 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 PENSHURST DRIVE lies on this distribution: 25% of detached houses are smaller than 7 PENSHURST DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

7 PENSHURST DRIVE: Plot and Title Map

7 PENSHURST DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 PENSHURST 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 7 PENSHURST 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 7 PENSHURST DRIVE?

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