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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 FERRIS AVENUE is a midsized detached house of 141m², built sometime between 1976 and 1982, which could now be worth an estimated £602,042. It was last sold for £615,000 in October 2022, which was around 9% 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	£564,797	9% above HPI
2016 14 NOV	£495,000	£449,801	10% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 14 FERRIS AVENUE be worth now?

14 FERRIS AVENUE might now be worth an estimated £602,042.

This is based on house price deflation of 2.1%, between October 2022 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 14 FERRIS AVENUE of £615,000 on 20th October 2022. For the value to have decreased from £615,000 to £602,042 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 FERRIS AVENUE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2022 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FERRIS AVENUE has not materially changed since October 2022.

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 houses in Cold Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cold Norton, and where 14 FERRIS AVENUE lies on this distribution: 45% of detached houses houses are smaller than 14 FERRIS AVENUE, and 54% 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.