15, FELS WAY, MAYLAND, CHELMSFORD, CM3 6AN - £250,000

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.

15 FELS WAY is a midsized extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £424,706. It was last sold for £250,000 in September 2013, which was around 23% below the average September 2013 detached price in the Maldon local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

15 FELS WAY Sold Prices

Land registry data shows three sales for 15 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. All of the three 15 FELS WAY 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
2013 10 SEP	£250,000	£325,459	23% below HPI
2004 22 OCT	£250,000	£287,012	13% below HPI
2003 19 DEC	£250,000	£266,495	6% below HPI

15 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 15 FELS WAY sales between December 2003 and September 2013 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 October 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 FELS WAY be worth now?

15 FELS WAY might now be worth an estimated £424,706.

This is based on house price inflation of 69.9%, between September 2013 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 69.9% inflationary increase is applied to the most recent sale price for 15 FELS WAY of £250,000 on 10th September 2013. For the value to have increased from £250,000 to £424,706 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 FELS WAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The September 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FELS WAY has not materially changed since September 2013.

How Large is 15 FELS WAY?

15 FELS WAY is 115m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 50% of detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayland, and where 15 FELS WAY lies on this distribution: 53% of detached houses houses are smaller than 15 FELS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Mayland.

15 FELS WAY: Plot and Title Map

15 FELS WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 15 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 15 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 15 FELS WAY?

15 FELS WAY is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 15 on FELS WAY.