5, ORCHID PLACE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LQ - £395,000

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 ORCHID PLACE is a midsized extended semi-detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £458,310. It was last sold for £395,000 in August 2019, which was around 11% above the average August 2019 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

5 ORCHID PLACE Sold Prices

Land registry data shows two sales for 5 ORCHID PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 5 ORCHID PLACE sales were for above 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 30 AUG	£395,000	£354,635	11% above HPI
1997 15 AUG	£99,000	£73,202	35% above HPI

5 ORCHID PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 5 ORCHID PLACE sales from August 1997 and August 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 August 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 ORCHID PLACE be worth now?

5 ORCHID PLACE might now be worth an estimated £458,310.

This is based on house price inflation of 16%, between August 2019 and February 2025, for semi-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% inflationary increase is applied to the most recent sale price for 5 ORCHID PLACE of £395,000 on 30th August 2019. For the value to have increased from £395,000 to £458,310 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 5 ORCHID PLACE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ORCHID PLACE has not materially changed since August 2019.

How Large is 5 ORCHID PLACE?

5 ORCHID PLACE is 116m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of semi-detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Woodham Ferrers, and where 5 ORCHID PLACE lies on this distribution: 57% of semi-detached houses houses are smaller than 5 ORCHID PLACE, and 42% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 ORCHID PLACE: Plot and Title Map

5 ORCHID PLACE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 ORCHID PLACE, 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 ORCHID PLACE). 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 ORCHID PLACE?

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