SHERWOOD, COLD NORTON ROAD, LATCHINGDON, CHELMSFORD, CM3 6HP - £369,950

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

SHERWOOD is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £369,950 in July 2018, which was around 25% below the average July 2018 detached price in the Maldon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

SHERWOOD Sold Prices

Land registry data shows four sales for SHERWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four SHERWOOD 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
2018 2 JUL	£369,950	£490,639	25% below HPI
2015 7 AUG	£295,000	£393,439	25% below HPI
2003 6 NOV	£189,000	£258,241	27% below HPI
1997 30 MAY	£84,500	£98,990	15% below HPI

SHERWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The four SHERWOOD sales between May 1997 and July 2018 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 August 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2018 sale, which was also at 25% below the HPI.

How Large is SHERWOOD?

SHERWOOD is 76m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where SHERWOOD lies on this distribution: 11% of detached houses are smaller than SHERWOOD, and 89% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

SHERWOOD: Plot and Title Map

SHERWOOD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of SHERWOOD, 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 SHERWOOD). 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 SHERWOOD?

SHERWOOD is located on COLD NORTON ROAD in LATCHINGDON, in the CM3 postcode district. The below map shows the position of SHERWOOD on COLD NORTON ROAD.