8, CRINGLE LOCK, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WJ - £800,000

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 CRINGLE LOCK is a very large detached house of 224m², built sometime between 1983 and 1990, which could now be worth an estimated £911,758. It was last sold for £800,000 in November 2018, which was around 37% above the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

8 CRINGLE LOCK Sold Prices

Land registry data shows two sales for 8 CRINGLE LOCK 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 CRINGLE LOCK sales were for above 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
2018 1 NOV	£800,000	£583,928	37% above HPI
1998 15 JAN	£215,000	£134,454	60% above HPI

8 CRINGLE LOCK 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 CRINGLE LOCK sales from January 1998 and November 2018 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 January 1998 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2018 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 8 CRINGLE LOCK be worth now?

8 CRINGLE LOCK might now be worth an estimated £911,758.

This is based on house price inflation of 14%, between November 2018 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 14% inflationary increase is applied to the most recent sale price for 8 CRINGLE LOCK of £800,000 on 1st November 2018. For the value to have increased from £800,000 to £911,758 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 CRINGLE LOCK has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2018 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRINGLE LOCK has not materially changed since November 2018.

How Large is 8 CRINGLE LOCK?

8 CRINGLE LOCK is 224m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% 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 CRINGLE LOCK lies on this distribution: 98% of detached houses houses are smaller than 8 CRINGLE LOCK, and 2% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

8 CRINGLE LOCK: Plot and Title Map

8 CRINGLE LOCK sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 8 CRINGLE LOCK, 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 CRINGLE LOCK). 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 CRINGLE LOCK?

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