27, FORTINBRAS WAY, CHELMSFORD, CM2 9JA - £385,000

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

27 FORTINBRAS WAY is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £385,000 in April 2017, which was around 31% below the average April 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

27 FORTINBRAS WAY Sold Prices

Land registry data shows three sales for 27 FORTINBRAS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 27 FORTINBRAS WAY 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
2017 28 APR	£385,000	£555,229	31% below HPI
2010 21 MAY	£250,000	£366,667	32% below HPI
1997 18 DEC	£84,995	£132,475	36% below HPI

27 FORTINBRAS WAY 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 three 27 FORTINBRAS WAY sales between December 1997 and April 2017 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 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 27 FORTINBRAS WAY?

27 FORTINBRAS WAY is 87m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 27 FORTINBRAS WAY lies on this distribution: 17% of detached houses are smaller than 27 FORTINBRAS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

27 FORTINBRAS WAY: Plot and Title Map

27 FORTINBRAS WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 27 FORTINBRAS WAY, 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 27 FORTINBRAS WAY). 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 27 FORTINBRAS WAY?

27 FORTINBRAS WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 27 on FORTINBRAS WAY.