4, FARRIER SQUARE, RAMSDEN HEATH, BILLERICAY, CM11 1PQ - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 FARRIER SQUARE is a very small extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £613,315. It was last sold for £350,000 in May 2011, which was around 8% below the average May 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

4 FARRIER SQUARE Sold Prices

Land registry data shows three sales for 4 FARRIER SQUARE 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. Two of the three 4 FARRIER SQUARE sales were for below the average price, whilst one 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
2011 13 MAY	£350,000	£381,066	8% below HPI
2007 12 JAN	£325,000	£357,516	9% below HPI
2001 13 DEC	£249,995	£222,139	13% above HPI

4 FARRIER SQUARE 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 4 FARRIER SQUARE sales between December 2001 and May 2011 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 January 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2011 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 FARRIER SQUARE be worth now?

4 FARRIER SQUARE might now be worth an estimated £613,315.

This is based on house price inflation of 75.2%, between May 2011 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.2% inflationary increase is applied to the most recent sale price for 4 FARRIER SQUARE of £350,000 on 13th May 2011. For the value to have increased from £350,000 to £613,315 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 4 FARRIER SQUARE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FARRIER SQUARE has not materially changed since May 2011.

How Large is 4 FARRIER SQUARE?

4 FARRIER SQUARE is 110m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsden Heath, and where 4 FARRIER SQUARE lies on this distribution: 19% of detached houses houses are smaller than 4 FARRIER SQUARE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

4 FARRIER SQUARE: Plot and Title Map

4 FARRIER SQUARE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 4 FARRIER SQUARE, 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 4 FARRIER SQUARE). 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 4 FARRIER SQUARE?

4 FARRIER SQUARE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 4 on FARRIER SQUARE.