8, CARISBROOKE DRIVE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LT - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CARISBROOKE DRIVE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £532,352. It was last sold for £475,000 in May 2021, which was around 20% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

8 CARISBROOKE DRIVE Sold Prices

Land registry data shows five sales for 8 CARISBROOKE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 8 CARISBROOKE 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
2021 28 MAY	£475,000	£593,804	20% below HPI
2016 14 DEC	£425,000	£542,675	22% below HPI
2015 15 MAY	£347,000	£459,129	24% below HPI
2005 4 APR	£242,500	£323,587	25% below HPI
2002 16 SEP	£200,000	£263,047	24% below HPI

8 CARISBROOKE 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 five 8 CARISBROOKE DRIVE sales between September 2002 and May 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 December 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 CARISBROOKE DRIVE be worth now?

8 CARISBROOKE DRIVE might now be worth an estimated £532,352.

This is based on house price inflation of 12.1%, between May 2021 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 12.1% inflationary increase is applied to the most recent sale price for 8 CARISBROOKE DRIVE of £475,000 on 28th May 2021. For the value to have increased from £475,000 to £532,352 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 CARISBROOKE DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CARISBROOKE DRIVE has not materially changed since May 2021.

How Large is 8 CARISBROOKE DRIVE?

8 CARISBROOKE DRIVE is 113m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 CARISBROOKE DRIVE lies on this distribution: 53% of detached houses houses are smaller than 8 CARISBROOKE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

8 CARISBROOKE DRIVE: Plot and Title Map

8 CARISBROOKE DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 CARISBROOKE 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 8 CARISBROOKE 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 8 CARISBROOKE DRIVE?

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