85, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WX - £440,000

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

85 GANDALFS RIDE is a very large detached house of 169m², built sometime between 1983 and 1990. It was last sold for £440,000 in July 2016, which was around 16% below the average July 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

85 GANDALFS RIDE Sold Prices

Land registry data shows five sales for 85 GANDALFS RIDE 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 85 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
2016 18 JUL	£440,000	£524,445	16% below HPI
2014 13 NOV	£342,500	£451,928	24% below HPI
2011 7 MAR	£285,000	£380,093	25% below HPI
2006 27 JUN	£279,000	£336,915	17% below HPI
2001 28 JUN	£178,000	£203,015	12% below HPI

85 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 five 85 GANDALFS RIDE sales between June 2001 and July 2016 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 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 85 GANDALFS RIDE?

85 GANDALFS RIDE is 169m² according to the EPC inspection conducted in July 2024. This puts it in the largest 20% 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 85 GANDALFS RIDE lies on this distribution: 89% of detached houses are smaller than 85 GANDALFS RIDE, and 11% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

85 GANDALFS RIDE: Plot and Title Map

85 GANDALFS RIDE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 85 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 85 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 85 GANDALFS RIDE?

85 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 85 on GANDALFS RIDE.