2, KINGS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5QH - £470,000

2 KINGS WAY is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £470,000 in December 2019, which was around 18% below the average December 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

2 KINGS WAY Sold Prices

Land registry data shows two sales for 2 KINGS 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 2 KINGS 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
2019 6 DEC	£470,000	£576,424	18% below HPI
2008 6 JUN	£300,000	£381,161	21% below HPI

2 KINGS 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 2 KINGS WAY sales from June 2008 and December 2019 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 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 KINGS WAY?

2 KINGS WAY is 94m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% 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 2 KINGS WAY lies on this distribution: 29% of detached houses are smaller than 2 KINGS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

2 KINGS WAY: Plot and Title Map

2 KINGS WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 KINGS 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 2 KINGS 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 2 KINGS WAY?

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