41, FAYREWOOD DRIVE, GREAT LEIGHS, CHELMSFORD, CM3 1GY - £228,500

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

41 FAYREWOOD DRIVE is a small semi-detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £402,316. It was last sold for £228,500 in June 2007, which was around 3% below the average June 2007 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

41 FAYREWOOD DRIVE Sold Prices

Land registry data shows two sales for 41 FAYREWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 41 FAYREWOOD DRIVE 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
2007 21 JUN	£228,500	£235,363	3% below HPI
2004 30 APR	£222,995	£187,214	19% above HPI

41 FAYREWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 41 FAYREWOOD DRIVE sales from April 2004 and June 2007 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 April 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 41 FAYREWOOD DRIVE be worth now?

41 FAYREWOOD DRIVE might now be worth an estimated £402,316.

This is based on house price inflation of 76.1%, between June 2007 and December 2024, for semi-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 76.1% inflationary increase is applied to the most recent sale price for 41 FAYREWOOD DRIVE of £228,500 on 21st June 2007. For the value to have increased from £228,500 to £402,316 over the sixteen years and six months to December 2024, the following assumptions must hold true:

• The value of 41 FAYREWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2007 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 41 FAYREWOOD DRIVE has not materially changed since June 2007.

How Large is 41 FAYREWOOD DRIVE?

41 FAYREWOOD DRIVE is 99m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of semi-detached houses houses in Great Leighs, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Leighs, and where 41 FAYREWOOD DRIVE lies on this distribution: 25% of semi-detached houses houses are smaller than 41 FAYREWOOD DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

41 FAYREWOOD DRIVE: Plot and Title Map

41 FAYREWOOD DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 41 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 41 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 41 FAYREWOOD DRIVE?

41 FAYREWOOD DRIVE is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 41 on FAYREWOOD DRIVE.