10, FELS WAY, MAYLAND, CHELMSFORD, CM3 6AN - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 FELS WAY is a very large detached house of 141m², built sometime between 2003 and 2006. It was last sold for £390,000 in February 2020, which was around 19% below the average February 2020 detached price in the Maldon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

10 FELS WAY Sold Prices

Land registry data shows three sales for 10 FELS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the three 10 FELS WAY sales was for below the average price, whilst two 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
2020 13 FEB	£390,000	£484,394	19% below HPI
2007 10 MAY	£322,500	£306,001	5% above HPI
2003 26 SEP	£320,000	£260,946	23% above HPI

10 FELS WAY 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 three 10 FELS WAY sales between September 2003 and February 2020 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 May 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 10 FELS WAY?

10 FELS WAY is 141m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 10 FELS WAY lies on this distribution: 84% of detached houses are smaller than 10 FELS WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Mayland.

10 FELS WAY: Plot and Title Map

10 FELS WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 10 FELS WAY, 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 10 FELS WAY). 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 10 FELS WAY?

10 FELS WAY is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 10 on FELS WAY.