16, THE FAIRWAYS, COLD NORTON, CHELMSFORD, CM3 6JJ - £650,000

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 THE FAIRWAYS is a large extended detached house of 171m², built sometime between 1976 and 1982. It was last sold for £650,000 in May 2019, which was around 35% above the average May 2019 detached price in the Maldon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was D.

16 THE FAIRWAYS Sold Prices

Land registry data shows three sales for 16 THE FAIRWAYS 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 16 THE FAIRWAYS 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
2019 31 MAY	£650,000	£480,212	35% above HPI
2008 16 JUL	£430,000	£326,339	32% above HPI
2006 7 JUL	£390,000	£289,782	35% above HPI

16 THE FAIRWAYS 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 THE FAIRWAYS sales between July 2006 and May 2019 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 July 2008 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 16 THE FAIRWAYS?

16 THE FAIRWAYS is 171m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 THE FAIRWAYS lies on this distribution: 76% of detached houses are smaller than 16 THE FAIRWAYS, and 24% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

16 THE FAIRWAYS: Plot and Title Map

16 THE FAIRWAYS sits on a plot of roughly 0.272 of an acre, or 1,102m². The below map shows the location of 16 THE FAIRWAYS, 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 THE FAIRWAYS). 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 THE FAIRWAYS?

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