2, FINCHLAND VIEW, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GA - £320,000

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.

2 FINCHLAND VIEW is a very small terraced house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £403,020. It was last sold for £320,000 in October 2017, which was around 17% above the average October 2017 terraced price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

2 FINCHLAND VIEW Sold Prices

Land registry data shows three sales for 2 FINCHLAND VIEW 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 2 FINCHLAND VIEW sales were 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
2017 5 OCT	£320,000	£273,445	17% above HPI
2002 19 JUN	£145,500	£111,555	30% above HPI
1998 20 JUL	£81,500	£62,106	31% above HPI

2 FINCHLAND VIEW 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 2 FINCHLAND VIEW sales between July 1998 and October 2017 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 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2017 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 FINCHLAND VIEW be worth now?

2 FINCHLAND VIEW might now be worth an estimated £403,020.

This is based on house price inflation of 25.9%, between October 2017 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 25.9% inflationary increase is applied to the most recent sale price for 2 FINCHLAND VIEW of £320,000 on 5th October 2017. For the value to have increased from £320,000 to £403,020 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 2 FINCHLAND VIEW has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The October 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FINCHLAND VIEW has not materially changed since October 2017.

How Large is 2 FINCHLAND VIEW?

2 FINCHLAND VIEW is 80m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 2 FINCHLAND VIEW lies on this distribution: 13% of terraced houses houses are smaller than 2 FINCHLAND VIEW, and 86% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

2 FINCHLAND VIEW: Plot and Title Map

2 FINCHLAND VIEW sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 FINCHLAND VIEW, 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 2 FINCHLAND VIEW). 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 2 FINCHLAND VIEW?

2 FINCHLAND VIEW is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 2 on FINCHLAND VIEW.