7, THE CHASE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PN - £97,000

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 THE CHASE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £97,000 in October 1998, which was around 34% below the average October 1998 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

7 THE CHASE Sold Prices

Land registry data shows two sales for 7 THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 7 THE CHASE 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
1998 28 OCT	£97,000	£147,782	34% below HPI
1996 27 JUN	£100,000	£103,166	3% below HPI

7 THE CHASE 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 two 7 THE CHASE sales from June 1996 and October 1998 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 June 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 1998 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 THE CHASE?

7 THE CHASE is 115m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% 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 THE CHASE lies on this distribution: 56% of detached houses are smaller than 7 THE CHASE, and 43% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

7 THE CHASE: Plot and Title Map

7 THE CHASE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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