129, GANDALFS RIDE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5WS - £280,000

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.

129 GANDALFS RIDE is a very small terraced house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £293,159. It was last sold for £280,000 in March 2023, which was around 15% below the average March 2023 terraced price in the Chelmsford local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was A.

129 GANDALFS RIDE Sold Prices

Land registry data shows three sales for 129 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. All of the three 129 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
2023 31 MAR	£280,000	£328,929	15% below HPI
2004 2 JUN	£120,000	£154,621	22% below HPI
1997 4 JUL	£51,000	£56,634	10% below HPI

129 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 129 GANDALFS RIDE sales between July 1997 and March 2023 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 June 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 129 GANDALFS RIDE be worth now?

129 GANDALFS RIDE might now be worth an estimated £293,159.

This is based on house price inflation of 4.7%, between March 2023 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 4.7% inflationary increase is applied to the most recent sale price for 129 GANDALFS RIDE of £280,000 on 31st March 2023. For the value to have increased from £280,000 to £293,159 over the one year and nine months to June 2025, the following assumptions must hold true:

• The value of 129 GANDALFS RIDE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2023 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 129 GANDALFS RIDE has not materially changed since March 2023.

How Large is 129 GANDALFS RIDE?

129 GANDALFS RIDE is 49m² according to the EPC inspection conducted in January 2023. 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 129 GANDALFS RIDE lies on this distribution: 1% of terraced houses houses are smaller than 129 GANDALFS RIDE, and 99% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

129 GANDALFS RIDE: Plot and Title Map

129 GANDALFS RIDE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 129 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 129 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 129 GANDALFS RIDE?

129 GANDALFS RIDE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 129 on GANDALFS RIDE.