127, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WS - £290,000

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.

127 GANDALFS RIDE is a very small extended terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £330,616. It was last sold for £290,000 in September 2021, which was around 4% below the average September 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

127 GANDALFS RIDE Sold Prices

Land registry data shows three sales for 127 GANDALFS RIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Two of the three 127 GANDALFS RIDE sales were for below the average price, whilst one was for above 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 23 SEP	£290,000	£302,079	4% below HPI
2008 15 FEB	£188,000	£193,552	3% below HPI
1997 24 JAN	£56,250	£50,571	11% above HPI

127 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 three 127 GANDALFS RIDE sales between January 1997 and September 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 February 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 127 GANDALFS RIDE be worth now?

127 GANDALFS RIDE might now be worth an estimated £330,616.

This is based on house price inflation of 14%, between September 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 14% inflationary increase is applied to the most recent sale price for 127 GANDALFS RIDE of £290,000 on 23rd September 2021. For the value to have increased from £290,000 to £330,616 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 127 GANDALFS RIDE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The September 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 127 GANDALFS RIDE has not materially changed since September 2021.

How Large is 127 GANDALFS RIDE?

127 GANDALFS RIDE is 60m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 127 GANDALFS RIDE lies on this distribution: 3% of terraced houses houses are smaller than 127 GANDALFS RIDE, and 97% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

127 GANDALFS RIDE: Plot and Title Map

127 GANDALFS RIDE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 127 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 127 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 127 GANDALFS RIDE?

127 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 127 on GANDALFS RIDE.