15, FERRIS AVENUE, COLD NORTON, CHELMSFORD, CM3 6HZ - £275,000

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

15 FERRIS AVENUE is a small extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £275,000 in August 2010, which was around 11% below the average August 2010 detached price in the Maldon local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

15 FERRIS AVENUE Sold Prices

Land registry data shows three sales for 15 FERRIS AVENUE 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 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
2010 20 AUG	£275,000	£307,559	11% below HPI
2003 21 MAR	£206,500	£241,002	14% below HPI
1996 10 MAY	£66,000	£90,901	27% below HPI

15 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 three 15 FERRIS AVENUE sales between May 1996 and August 2010 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2010 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 FERRIS AVENUE?

15 FERRIS AVENUE is 123m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% 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 15 FERRIS AVENUE lies on this distribution: 24% of detached houses are smaller than 15 FERRIS AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

15 FERRIS AVENUE: Plot and Title Map

15 FERRIS AVENUE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 15 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 15 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 15 FERRIS AVENUE?

15 FERRIS AVENUE is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 15 on FERRIS AVENUE.