16, FERRIS AVENUE, COLD NORTON, CHELMSFORD, CM3 6HZ - £310,000

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

16 FERRIS AVENUE is a small extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £310,000 in December 2009, which was around 4% above the average December 2009 detached price in the Maldon local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was E.

16 FERRIS AVENUE Sold Prices

Land registry data shows three sales for 16 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. One of the three 16 FERRIS AVENUE sales was for above the average price, whilst two 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
2009 2 DEC	£310,000	£298,527	4% above HPI
2004 10 JUN	£250,000	£276,227	9% below HPI
2002 5 JUL	£202,500	£208,382	3% below HPI

16 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 16 FERRIS AVENUE sales between July 2002 and December 2009 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 June 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2009 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 FERRIS AVENUE?

16 FERRIS AVENUE is 121m², which includes one extension, according to the EPC inspection conducted in May 2009. 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 16 FERRIS AVENUE lies on this distribution: 20% of detached houses are smaller than 16 FERRIS AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

16 FERRIS AVENUE: Plot and Title Map

16 FERRIS AVENUE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 16 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 16 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 16 FERRIS AVENUE?

16 FERRIS AVENUE is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 16 on FERRIS AVENUE.