2, THE FAIRWAYS, COLD NORTON, CHELMSFORD, CM3 6JJ - £527,500

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

2 THE FAIRWAYS is a midsized extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £527,500 in September 2020, which was around 11% above the average September 2020 detached price in the Maldon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

2 THE FAIRWAYS Sold Prices

Land registry data shows two sales for 2 THE FAIRWAYS 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 2 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
2020 18 SEP	£527,500	£476,761	11% above HPI
2013 3 MAY	£365,000	£327,367	11% above HPI

2 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 two 2 THE FAIRWAYS sales from May 2013 and September 2020 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 May 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2020 sale, which was also at 11% above the HPI.

How Large is 2 THE FAIRWAYS?

2 THE FAIRWAYS is 141m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% 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 2 THE FAIRWAYS lies on this distribution: 46% of detached houses are smaller than 2 THE FAIRWAYS, and 53% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

2 THE FAIRWAYS: Plot and Title Map

2 THE FAIRWAYS sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 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 2 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 2 THE FAIRWAYS?

2 THE FAIRWAYS is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 2 on THE FAIRWAYS.