12, MITCHELL WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5PJ - £313,000

12 MITCHELL WAY is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £313,000 in May 2021, which was around 47% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

12 MITCHELL WAY Sold Prices

Land registry data shows two sales for 12 MITCHELL WAY 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 MITCHELL WAY 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 11 MAY	£313,000	£587,540	47% below HPI
2002 12 APR	£120,000	£232,007	48% below HPI

12 MITCHELL WAY 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 MITCHELL WAY sales from April 2002 and May 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 April 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 12 MITCHELL WAY?

12 MITCHELL WAY is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 12 MITCHELL WAY lies on this distribution: 15% of detached houses are smaller than 12 MITCHELL WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

12 MITCHELL WAY: Plot and Title Map

12 MITCHELL WAY sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 12 MITCHELL WAY, 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 MITCHELL WAY). 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 MITCHELL WAY?

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