8, BUTTERBUR CHASE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AG - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 BUTTERBUR CHASE is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £535,893. It was last sold for £545,000 in October 2024, which was around 19% below the average October 2024 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 C.

8 BUTTERBUR CHASE Sold Prices

Land registry data shows two sales for 8 BUTTERBUR 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 8 BUTTERBUR 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
2024 28 OCT	£545,000	£676,811	19% below HPI
1996 15 MAR	£79,500	£103,287	23% below HPI

8 BUTTERBUR 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 8 BUTTERBUR CHASE sales from March 1996 and October 2024 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 March 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 BUTTERBUR CHASE be worth now?

8 BUTTERBUR CHASE might now be worth an estimated £535,893.

This is based on house price deflation of 1.7%, between October 2024 and February 2025, for 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 1.7% deflationary decrease is applied to the most recent sale price for 8 BUTTERBUR CHASE of £545,000 on 28th October 2024. For the value to have decreased from £545,000 to £535,893 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BUTTERBUR CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2024 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUTTERBUR CHASE has not materially changed since October 2024.

How Large is 8 BUTTERBUR CHASE?

8 BUTTERBUR CHASE is 128m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 8 BUTTERBUR CHASE lies on this distribution: 68% of detached houses houses are smaller than 8 BUTTERBUR CHASE, and 31% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

8 BUTTERBUR CHASE: Plot and Title Map

8 BUTTERBUR CHASE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 BUTTERBUR 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 8 BUTTERBUR 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 8 BUTTERBUR CHASE?

8 BUTTERBUR CHASE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 8 on BUTTERBUR CHASE.