1, WOOLARDS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5NW - £310,000

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.

1 WOOLARDS WAY is a large extended terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £419,878. It was last sold for £310,000 in May 2016, which was around 23% above the average May 2016 terraced price in the Chelmsford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

1 WOOLARDS WAY Sold Prices

Land registry data shows one sale for 1 WOOLARDS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 16 MAY	£310,000	£252,045	23% above HPI

What might 1 WOOLARDS WAY be worth now?

1 WOOLARDS WAY might now be worth an estimated £419,878.

This is based on house price inflation of 35.4%, between May 2016 and May 2026, for terraced 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 35.4% inflationary increase is applied to the most recent sale price for 1 WOOLARDS WAY of £310,000 on 16th May 2016. For the value to have increased from £310,000 to £419,878 over the ten years to May 2026, the following assumptions must hold true:

• The value of 1 WOOLARDS WAY has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOOLARDS WAY has not materially changed since May 2016.

How Large is 1 WOOLARDS WAY?

1 WOOLARDS WAY is 86m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of terraced houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of terraced houses by size in South Woodham Ferrers, and where 1 WOOLARDS WAY lies on this distribution: 80% of terraced houses are smaller than 1 WOOLARDS WAY, and 20% of terraced houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

1 WOOLARDS WAY: Plot

1 WOOLARDS WAY sits on a plot of roughly 0.093 of an acre, or 376m².

Where is 1 WOOLARDS WAY?

1 WOOLARDS WAY is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district.