25, FAYREWOOD DRIVE, GREAT LEIGHS, CHELMSFORD, CM3 1GY - £540,000

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

25 FAYREWOOD DRIVE is a very large detached house of 229m², built sometime between 2003 and 2006. It was last sold for £540,000 in March 2018, which was around 6% below the average March 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

25 FAYREWOOD DRIVE Sold Prices

Land registry data shows two sales for 25 FAYREWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 25 FAYREWOOD DRIVE sales was for below the average price, whilst the other was 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
2018 5 MAR	£540,000	£573,026	6% below HPI
2004 7 APR	£312,995	£310,507	1% above HPI

25 FAYREWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 25 FAYREWOOD DRIVE sales from April 2004 and March 2018 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 April 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 25 FAYREWOOD DRIVE?

25 FAYREWOOD DRIVE is 229m² according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where 25 FAYREWOOD DRIVE lies on this distribution: 96% of detached houses are smaller than 25 FAYREWOOD DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

25 FAYREWOOD DRIVE: Plot and Title Map

25 FAYREWOOD DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 25 FAYREWOOD DRIVE, 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 25 FAYREWOOD DRIVE). 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 25 FAYREWOOD DRIVE?

25 FAYREWOOD DRIVE is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 25 on FAYREWOOD DRIVE.