9, WOOLARDS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5NW - £407,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 WOOLARDS WAY is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £407,000 in July 2024, which was around 38% below the average July 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

9 WOOLARDS WAY Sold Prices

Land registry data shows three sales for 9 WOOLARDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 9 WOOLARDS WAY 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
2024 5 JUL	£407,000	£661,663	38% below HPI
2013 10 MAY	£212,500	£384,464	45% below HPI
2001 6 APR	£127,500	£199,471	36% below HPI

9 WOOLARDS WAY 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 three 9 WOOLARDS WAY sales between April 2001 and July 2024 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 May 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2024 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 9 WOOLARDS WAY?

9 WOOLARDS WAY is 82m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 9 WOOLARDS WAY lies on this distribution: 15% of detached houses are smaller than 9 WOOLARDS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

9 WOOLARDS WAY: Plot and Title Map

9 WOOLARDS WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 9 WOOLARDS WAY, 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 9 WOOLARDS WAY). 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 9 WOOLARDS WAY?

9 WOOLARDS WAY is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 9 on WOOLARDS WAY.