1, FERRIS AVENUE, COLD NORTON, CHELMSFORD, CM3 6HZ - £219,000

1 FERRIS AVENUE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £219,000 in March 2014, which was around 35% below the average March 2014 detached price in the Maldon local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

1 FERRIS AVENUE Sold Prices

Land registry data shows two sales for 1 FERRIS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 1 FERRIS AVENUE 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
2014 3 MAR	£219,000	£334,584	35% below HPI
1998 30 MAR	£79,000	£113,394	30% below HPI

1 FERRIS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 1 FERRIS AVENUE sales from March 1998 and March 2014 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 March 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 FERRIS AVENUE?

1 FERRIS AVENUE is 56m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Cold Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Cold Norton, and where 1 FERRIS AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 1 FERRIS AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

1 FERRIS AVENUE: Plot and Title Map

1 FERRIS AVENUE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 1 FERRIS AVENUE, 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 1 FERRIS AVENUE). 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 1 FERRIS AVENUE?

1 FERRIS AVENUE is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 1 on FERRIS AVENUE.