112, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WS - £258,000

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.

112 GANDALFS RIDE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £285,751. It was last sold for £258,000 in November 2021, which was around 17% below the average November 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

112 GANDALFS RIDE Sold Prices

Land registry data shows two sales for 112 GANDALFS RIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 112 GANDALFS RIDE 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
2021 22 NOV	£258,000	£310,941	17% below HPI
1998 25 SEP	£64,000	£65,573	2% below HPI

112 GANDALFS RIDE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 112 GANDALFS RIDE sales from September 1998 and November 2021 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 September 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 112 GANDALFS RIDE be worth now?

112 GANDALFS RIDE might now be worth an estimated £285,751.

This is based on house price inflation of 10.8%, between November 2021 and June 2025, 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 10.8% inflationary increase is applied to the most recent sale price for 112 GANDALFS RIDE of £258,000 on 22nd November 2021. For the value to have increased from £258,000 to £285,751 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 112 GANDALFS RIDE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2021 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 112 GANDALFS RIDE has not materially changed since November 2021.

How Large is 112 GANDALFS RIDE?

112 GANDALFS RIDE is 58m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of terraced houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Woodham Ferrers, and where 112 GANDALFS RIDE lies on this distribution: 2% of terraced houses houses are smaller than 112 GANDALFS RIDE, and 97% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

112 GANDALFS RIDE: Plot and Title Map

112 GANDALFS RIDE sits on a plot of roughly 0.013 of an acre, or 53m². The below map shows the location of 112 GANDALFS RIDE, 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 112 GANDALFS RIDE). 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 112 GANDALFS RIDE?

112 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 112 on GANDALFS RIDE.