9, BRACE WALK, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GW - £425,000

9 BRACE WALK is a very large detached house of 161m², built sometime between 1983 and 1990. It was last sold for £425,000 in March 2012, which was around 17% above the average March 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

9 BRACE WALK Sold Prices

Land registry data shows three sales for 9 BRACE WALK 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 9 BRACE WALK 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
2012 22 MAR	£425,000	£362,160	17% above HPI
2002 16 APR	£322,000	£232,007	39% above HPI
1997 24 OCT	£179,500	£130,441	38% above HPI

9 BRACE WALK 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 9 BRACE WALK sales between October 1997 and March 2012 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 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2012 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 9 BRACE WALK?

9 BRACE WALK is 161m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% 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 9 BRACE WALK lies on this distribution: 87% of detached houses are smaller than 9 BRACE WALK, and 13% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

9 BRACE WALK: Plot and Title Map

9 BRACE WALK sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 9 BRACE WALK, 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 9 BRACE WALK). 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 9 BRACE WALK?

9 BRACE WALK is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 9 on BRACE WALK.