29, THE FAIRWAYS, COLD NORTON, CHELMSFORD, CM3 6JJ - £575,000

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

29 THE FAIRWAYS is a midsized extended detached house of 152m², built sometime between 1983 and 1990. It was last sold for £575,000 in June 2021, which was around 17% above the average June 2021 detached price in the Maldon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was D.

29 THE FAIRWAYS Sold Prices

Land registry data shows three sales for 29 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 29 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
2021 28 JUN	£575,000	£491,924	17% above HPI
2016 23 MAR	£465,000	£405,530	15% above HPI
1997 12 SEP	£141,000	£108,479	30% above HPI

29 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 29 THE FAIRWAYS sales between September 1997 and June 2021 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 March 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 29 THE FAIRWAYS?

29 THE FAIRWAYS is 152m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 29 THE FAIRWAYS lies on this distribution: 60% of detached houses are smaller than 29 THE FAIRWAYS, and 40% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

29 THE FAIRWAYS: Plot and Title Map

29 THE FAIRWAYS sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 29 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 29 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 29 THE FAIRWAYS?

29 THE FAIRWAYS is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 29 on THE FAIRWAYS.