12, LETTONS CHASE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GB - £185,000

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.

12 LETTONS CHASE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £514,070. It was last sold for £185,000 in May 2002, which was around 23% below the average May 2002 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

12 LETTONS CHASE Sold Prices

Land registry data shows two sales for 12 LETTONS CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 12 LETTONS CHASE 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
2002 23 MAY	£185,000	£240,671	23% below HPI
1996 21 OCT	£80,000	£111,590	28% below HPI

12 LETTONS CHASE 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 two 12 LETTONS CHASE sales from October 1996 and May 2002 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 October 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2002 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 LETTONS CHASE be worth now?

12 LETTONS CHASE might now be worth an estimated £514,070.

This is based on house price inflation of 177.9%, between May 2002 and March 2025, for detached 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 177.9% inflationary increase is applied to the most recent sale price for 12 LETTONS CHASE of £185,000 on 23rd May 2002. For the value to have increased from £185,000 to £514,070 over the 23 years and two months to March 2025, the following assumptions must hold true:

• The value of 12 LETTONS CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2002 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LETTONS CHASE has not materially changed since May 2002.

How Large is 12 LETTONS CHASE?

12 LETTONS CHASE is 77m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 12 LETTONS CHASE lies on this distribution: 11% of detached houses houses are smaller than 12 LETTONS CHASE, and 89% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 LETTONS CHASE: Plot and Title Map

12 LETTONS CHASE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 12 LETTONS CHASE, 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 12 LETTONS CHASE). 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 12 LETTONS CHASE?

12 LETTONS CHASE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 12 on LETTONS CHASE.