5, ALGARS WAY, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5SH - £377,500

5 ALGARS WAY is a small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £377,500 in November 2019, which was around 35% below the average November 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

5 ALGARS WAY Sold Prices

Land registry data shows three sales for 5 ALGARS WAY 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. All of the three 5 ALGARS 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 22 NOV	£377,500	£583,850	35% below HPI
2016 25 NOV	£365,000	£534,455	32% below HPI
1999 13 APR	£96,500	£145,092	33% below HPI

5 ALGARS 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 three 5 ALGARS WAY sales between April 1999 and November 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 November 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5 ALGARS WAY?

5 ALGARS WAY is 103m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 5 ALGARS WAY lies on this distribution: 39% of detached houses are smaller than 5 ALGARS WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 ALGARS WAY: Plot and Title Map

5 ALGARS WAY sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 5 ALGARS 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 5 ALGARS 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 5 ALGARS WAY?

5 ALGARS WAY is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 5 on ALGARS WAY.