7, ALBERT ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5LP - £405,000

7 ALBERT ROAD is a large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £405,000 in January 2015, which was around 10% below the average January 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

7 ALBERT ROAD Sold Prices

Land registry data shows two sales for 7 ALBERT ROAD 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 7 ALBERT ROAD 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
2015 28 JAN	£405,000	£452,225	10% below HPI
2003 23 APR	£210,000	£290,631	28% below HPI

7 ALBERT ROAD 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 7 ALBERT ROAD sales from April 2003 and January 2015 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 April 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 ALBERT ROAD?

7 ALBERT ROAD is 143m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% 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 7 ALBERT ROAD lies on this distribution: 78% of detached houses are smaller than 7 ALBERT ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

7 ALBERT ROAD: Plot and Title Map

7 ALBERT ROAD sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 7 ALBERT ROAD, 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 7 ALBERT ROAD). 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 7 ALBERT ROAD?

7 ALBERT ROAD is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 7 on ALBERT ROAD.