3, MELVILLE COTTAGES, MELVILLE HEATH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5FU - £370,000

3 MELVILLE COTTAGES is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £370,000 in November 2018, which was around 36% below the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 MELVILLE COTTAGES Sold Prices

Land registry data shows two sales for 3 MELVILLE COTTAGES 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 3 MELVILLE COTTAGES 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
2018 2 NOV	£370,000	£577,768	36% below HPI
2013 17 APR	£235,000	£380,462	38% below HPI

3 MELVILLE COTTAGES 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 3 MELVILLE COTTAGES sales from April 2013 and November 2018 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 April 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 MELVILLE COTTAGES?

3 MELVILLE COTTAGES is 97m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% 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 3 MELVILLE COTTAGES lies on this distribution: 32% of detached houses are smaller than 3 MELVILLE COTTAGES, and 68% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

3 MELVILLE COTTAGES: Plot and Title Map

3 MELVILLE COTTAGES sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 MELVILLE COTTAGES, 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 3 MELVILLE COTTAGES). 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 3 MELVILLE COTTAGES?

3 MELVILLE COTTAGES is located on MELVILLE HEATH in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of 3 MELVILLE COTTAGES on MELVILLE HEATH.