5, LORIEN GARDENS, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 7AQ - £505,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 LORIEN GARDENS is a large extended detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £589,685. It was last sold for £505,000 in December 2020, which was around 15% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 LORIEN GARDENS Sold Prices

Land registry data shows three sales for 5 LORIEN GARDENS 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 LORIEN GARDENS 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
2020 17 DEC	£505,000	£596,207	15% below HPI
2014 28 FEB	£305,000	£414,551	26% below HPI
1999 7 SEP	£156,000	£158,554	2% below HPI

5 LORIEN GARDENS 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 LORIEN GARDENS sales between September 1999 and December 2020 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 February 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 LORIEN GARDENS be worth now?

5 LORIEN GARDENS might now be worth an estimated £589,685.

This is based on house price inflation of 16.8%, between December 2020 and June 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 5 LORIEN GARDENS of £505,000 on 17th December 2020. For the value to have increased from £505,000 to £589,685 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 5 LORIEN GARDENS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LORIEN GARDENS has not materially changed since December 2020.

How Large is 5 LORIEN GARDENS?

5 LORIEN GARDENS is 142m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 5 LORIEN GARDENS lies on this distribution: 77% of detached houses houses are smaller than 5 LORIEN GARDENS, and 22% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 LORIEN GARDENS: Plot and Title Map

5 LORIEN GARDENS sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 5 LORIEN GARDENS, 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 LORIEN GARDENS). 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 LORIEN GARDENS?

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