OAKWOOD LODGE, CULVER RISE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WG - £250,000

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

OAKWOOD LODGE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £250,000 in February 2015, which was around 45% below the average February 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

OAKWOOD LODGE Sold Prices

Land registry data shows three sales for OAKWOOD LODGE 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 OAKWOOD LODGE 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
2015 5 FEB	£250,000	£453,774	45% below HPI
2002 15 MAR	£154,000	£225,472	32% below HPI
1998 30 MAR	£95,000	£134,692	29% below HPI

OAKWOOD LODGE 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 OAKWOOD LODGE sales between March 1998 and February 2015 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 March 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is OAKWOOD LODGE?

OAKWOOD LODGE is 89m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% 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 OAKWOOD LODGE lies on this distribution: 22% of detached houses are smaller than OAKWOOD LODGE, and 77% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

OAKWOOD LODGE: Plot and Title Map

OAKWOOD LODGE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of OAKWOOD LODGE, 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 OAKWOOD LODGE). 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 OAKWOOD LODGE?

OAKWOOD LODGE is located on CULVER RISE in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of OAKWOOD LODGE on CULVER RISE.