14, FERRIS AVENUE, COLD NORTON, CHELMSFORD, CM3 6HZ - £615,000

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

14 FERRIS AVENUE is a midsized detached house of 141m², built sometime between 1976 and 1982. It was last sold for £615,000 in October 2022, which was around 10% above the average October 2022 detached price in the Maldon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was D.

14 FERRIS AVENUE Sold Prices

Land registry data shows two sales for 14 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 14 FERRIS AVENUE 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
2022 20 OCT	£615,000	£557,763	10% above HPI
2016 14 NOV	£495,000	£444,199	11% above HPI

14 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 14 FERRIS AVENUE sales from November 2016 and October 2022 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 November 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 14 FERRIS AVENUE?

14 FERRIS AVENUE is 141m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 14 FERRIS AVENUE lies on this distribution: 46% of detached houses are smaller than 14 FERRIS AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

14 FERRIS AVENUE: Plot and Title Map

14 FERRIS AVENUE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 14 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 14 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 14 FERRIS AVENUE?

14 FERRIS AVENUE is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 14 on FERRIS AVENUE.