36, FAYREWOOD DRIVE, GREAT LEIGHS, CHELMSFORD, CM3 1GY - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

36 FAYREWOOD DRIVE is a midsized detached house of 136m², built sometime between 2003 and 2006. It was last sold for £410,000 in September 2021, which was around 33% below the average September 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

36 FAYREWOOD DRIVE Sold Prices

Land registry data shows two sales for 36 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. Both of the two 36 FAYREWOOD DRIVE 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
2021 15 SEP	£410,000	£608,459	33% below HPI
2004 29 JUN	£245,995	£314,312	22% below HPI

36 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 36 FAYREWOOD DRIVE sales from June 2004 and September 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 June 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 36 FAYREWOOD DRIVE?

36 FAYREWOOD DRIVE is 136m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 36 FAYREWOOD DRIVE lies on this distribution: 56% of detached houses are smaller than 36 FAYREWOOD DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

36 FAYREWOOD DRIVE: Plot and Title Map

36 FAYREWOOD DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 36 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 36 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 36 FAYREWOOD DRIVE?

36 FAYREWOOD DRIVE is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 36 on FAYREWOOD DRIVE.