5, STATION APPROACH, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5QD - £415,000

5 STATION APPROACH is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £415,000 in August 2018, which was around 28% below the average August 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

5 STATION APPROACH Sold Prices

Land registry data shows two sales for 5 STATION APPROACH 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 5 STATION APPROACH 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 31 AUG	£415,000	£575,967	28% below HPI
2002 20 JUN	£168,000	£245,730	32% below HPI

5 STATION APPROACH 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 5 STATION APPROACH sales from June 2002 and August 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 June 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 STATION APPROACH?

5 STATION APPROACH is 71m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 5 STATION APPROACH lies on this distribution: 7% of detached houses are smaller than 5 STATION APPROACH, and 92% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

5 STATION APPROACH: Plot and Title Map

5 STATION APPROACH sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 STATION APPROACH, 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 STATION APPROACH). 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 STATION APPROACH?

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