74, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WS - £245,000

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

74 GANDALFS RIDE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £245,000 in February 2019, which was around 57% below the average February 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

74 GANDALFS RIDE Sold Prices

Land registry data shows four sales for 74 GANDALFS RIDE 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 74 GANDALFS RIDE 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
2019 28 FEB	£245,000	£574,849	57% below HPI
2007 10 AUG	£180,000	£385,595	53% below HPI
2006 31 OCT	£160,000	£343,775	53% below HPI
2003 31 JAN	£132,000	£282,470	53% below HPI

74 GANDALFS RIDE 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 74 GANDALFS RIDE sales between January 2003 and February 2019 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 2007 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2019 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 74 GANDALFS RIDE?

74 GANDALFS RIDE is 58m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% 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 74 GANDALFS RIDE lies on this distribution: 2% of detached houses are smaller than 74 GANDALFS RIDE, and 98% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

74 GANDALFS RIDE: Plot and Title Map

74 GANDALFS RIDE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 74 GANDALFS RIDE, 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 74 GANDALFS RIDE). 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 74 GANDALFS RIDE?

74 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 74 on GANDALFS RIDE.