3, THE FAIRWAYS, COLD NORTON, CHELMSFORD, CM3 6JJ - £441,000

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

3 THE FAIRWAYS is a midsized extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £441,000 in July 2015, which was around 15% above the average July 2015 detached price in the Maldon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 THE FAIRWAYS Sold Prices

Land registry data shows two sales for 3 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 3 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
2015 24 JUL	£441,000	£383,363	15% above HPI
2000 30 JUN	£162,500	£145,795	11% above HPI

3 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 3 THE FAIRWAYS sales from June 2000 and July 2015 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 June 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 THE FAIRWAYS?

3 THE FAIRWAYS is 143m², which includes two extensions, according to the EPC inspection conducted in May 2014. 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 3 THE FAIRWAYS lies on this distribution: 48% of detached houses are smaller than 3 THE FAIRWAYS, and 49% of houses are larger. Note that EPC data is not available for all properties in Cold Norton.

3 THE FAIRWAYS: Plot and Title Map

3 THE FAIRWAYS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 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 3 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 3 THE FAIRWAYS?

3 THE FAIRWAYS is located in COLD NORTON, in the CM3 postcode district. The below map shows the position of No. 3 on THE FAIRWAYS.