8, HALYARD REACH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GN - £585,000

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 HALYARD REACH is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £600,710. It was last sold for £585,000 in December 2021, which was around 10% below the average December 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

8 HALYARD REACH Sold Prices

Land registry data shows six sales for 8 HALYARD REACH since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Most of the six 8 HALYARD REACH 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 10 DEC	£585,000	£648,097	10% below HPI
2018 1 NOV	£500,000	£583,928	14% below HPI
2015 13 OCT	£415,000	£497,383	17% below HPI
2007 31 OCT	£350,000	£390,510	10% below HPI
2003 27 NOV	£299,995	£307,900	3% below HPI
1997 25 JUL	£132,000	£125,078	6% above HPI

8 HALYARD REACH 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 six 8 HALYARD REACH sales between July 1997 and December 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 November 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 HALYARD REACH be worth now?

8 HALYARD REACH might now be worth an estimated £600,710.

This is based on house price inflation of 2.7%, between December 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 2.7% inflationary increase is applied to the most recent sale price for 8 HALYARD REACH of £585,000 on 10th December 2021. For the value to have increased from £585,000 to £600,710 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 HALYARD REACH has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HALYARD REACH has not materially changed since December 2021.

How Large is 8 HALYARD REACH?

8 HALYARD REACH is 113m² according to the EPC inspection conducted in August 2018. 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 HALYARD REACH lies on this distribution: 53% of detached houses houses are smaller than 8 HALYARD REACH, and 45% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

8 HALYARD REACH: Plot and Title Map

8 HALYARD REACH sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 HALYARD REACH, 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 HALYARD REACH). 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 HALYARD REACH?

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