7, REYNOLDS GATE, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5FA - £283,000

7 REYNOLDS GATE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £283,000 in November 2015, which was around 43% below the average November 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

7 REYNOLDS GATE Sold Prices

Land registry data shows four sales for 7 REYNOLDS GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 7 REYNOLDS GATE 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 20 NOV	£283,000	£496,541	43% below HPI
2004 23 JUL	£188,000	£319,375	41% below HPI
2000 3 MAY	£102,000	£178,874	43% below HPI
1996 6 MAR	£73,000	£102,198	29% below HPI

7 REYNOLDS GATE 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 four 7 REYNOLDS GATE sales between March 1996 and November 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 July 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 7 REYNOLDS GATE?

7 REYNOLDS GATE is 74m² according to the EPC inspection conducted in April 2010. 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 7 REYNOLDS GATE lies on this distribution: 9% of detached houses are smaller than 7 REYNOLDS GATE, and 91% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

7 REYNOLDS GATE: Plot and Title Map

7 REYNOLDS GATE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 7 REYNOLDS GATE, 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 REYNOLDS GATE). 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 REYNOLDS GATE?

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