88, KING EDWARDS ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PH - £280,000

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.

88 KING EDWARDS ROAD is a midsized extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £501,020. It was last sold for £280,000 in June 2010, which was around 25% below the average June 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

88 KING EDWARDS ROAD Sold Prices

Land registry data shows two sales for 88 KING EDWARDS ROAD 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 88 KING EDWARDS ROAD 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
2010 10 JUN	£280,000	£371,922	25% below HPI
2002 2 APR	£180,000	£234,480	23% below HPI

88 KING EDWARDS ROAD 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 88 KING EDWARDS ROAD sales from April 2002 and June 2010 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 April 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 88 KING EDWARDS ROAD be worth now?

88 KING EDWARDS ROAD might now be worth an estimated £501,020.

This is based on house price inflation of 78.9%, between June 2010 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 78.9% inflationary increase is applied to the most recent sale price for 88 KING EDWARDS ROAD of £280,000 on 10th June 2010. For the value to have increased from £280,000 to £501,020 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 88 KING EDWARDS ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2010 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 88 KING EDWARDS ROAD has not materially changed since June 2010.

How Large is 88 KING EDWARDS ROAD?

88 KING EDWARDS ROAD is 111m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 88 KING EDWARDS ROAD lies on this distribution: 52% of detached houses houses are smaller than 88 KING EDWARDS ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

88 KING EDWARDS ROAD: Plot and Title Map

88 KING EDWARDS ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 88 KING EDWARDS ROAD, 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 88 KING EDWARDS ROAD). 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 88 KING EDWARDS ROAD?

88 KING EDWARDS ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 88 on KING EDWARDS ROAD.