40, THE SPINNAKER, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GL - £625,000

40 THE SPINNAKER is a very large detached house of 174m², built sometime between 1983 and 1990. It was last sold for £625,000 in November 2017, which was around 12% above the average November 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

40 THE SPINNAKER Sold Prices

Land registry data shows three sales for 40 THE SPINNAKER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 40 THE SPINNAKER sales were for above the average price, whilst one was 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
2017 30 NOV	£625,000	£557,954	12% above HPI
1999 28 MAY	£190,000	£146,756	29% above HPI
1995 7 APR	£52,500	£105,648	50% below HPI

40 THE SPINNAKER 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 three 40 THE SPINNAKER sales between April 1995 and November 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 May 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 40 THE SPINNAKER?

40 THE SPINNAKER is 174m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% 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 40 THE SPINNAKER lies on this distribution: 91% of detached houses are smaller than 40 THE SPINNAKER, and 9% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

40 THE SPINNAKER: Plot and Title Map

40 THE SPINNAKER sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 40 THE SPINNAKER, 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 40 THE SPINNAKER). 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 40 THE SPINNAKER?

40 THE SPINNAKER is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 40 on THE SPINNAKER.