27, THE FAIRWAYS, COLD NORTON, CHELMSFORD, CM3 6JJ - £535,000

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 THE FAIRWAYS is a midsized extended detached house of 149m², built sometime between 1976 and 1982. It was last sold for £535,000 in May 2024, which was around 1% below the average May 2024 detached price in the Maldon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

27 THE FAIRWAYS Sold Prices

Land registry data shows two sales for 27 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. One of the two 27 THE FAIRWAYS 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
2024 17 MAY	£535,000	£539,550	1% below HPI
2016 1 AUG	£480,000	£433,227	11% above HPI

27 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 27 THE FAIRWAYS sales from August 2016 and May 2024 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 August 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 27 THE FAIRWAYS?

27 THE FAIRWAYS is 149m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 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 27 THE FAIRWAYS lies on this distribution: 59% of detached houses are smaller than 27 THE FAIRWAYS, and 41% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

27 THE FAIRWAYS: Plot and Title Map

27 THE FAIRWAYS sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 27 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 27 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 27 THE FAIRWAYS?

27 THE FAIRWAYS is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 27 on THE FAIRWAYS.