23, FORREST CLOSE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5NR - £445,000

23 FORREST CLOSE is a midsized detached house of 108m². It was last sold for £445,000 in May 2022, which was around 33% below the average May 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

23 FORREST CLOSE Sold Prices

Land registry data shows two sales for 23 FORREST CLOSE 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 23 FORREST CLOSE 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
2022 4 MAY	£445,000	£666,709	33% below HPI
2014 7 JAN	£250,000	£399,419	37% below HPI

23 FORREST CLOSE 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 23 FORREST CLOSE sales from January 2014 and May 2022 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 January 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 FORREST CLOSE?

23 FORREST CLOSE is 108m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% 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 23 FORREST CLOSE lies on this distribution: 46% of detached houses are smaller than 23 FORREST CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

23 FORREST CLOSE: Plot and Title Map

23 FORREST CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 23 FORREST CLOSE, 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 23 FORREST CLOSE). 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 23 FORREST CLOSE?

23 FORREST CLOSE is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 23 on FORREST CLOSE.