45, FORTINBRAS WAY, CHELMSFORD, CM2 9JA - £367,500

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

45 FORTINBRAS WAY is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £367,500 in September 2018, which was around 36% below the average September 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

45 FORTINBRAS WAY Sold Prices

Land registry data shows six sales for 45 FORTINBRAS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the six 45 FORTINBRAS WAY 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
2018 14 SEP	£367,500	£574,894	36% below HPI
2009 19 NOV	£228,500	£353,771	35% below HPI
2003 15 SEP	£208,000	£302,214	31% below HPI
2000 21 DEC	£137,000	£195,389	30% below HPI
1999 9 NOV	£127,500	£163,282	22% below HPI
1998 30 APR	£122,995	£136,361	10% below HPI

45 FORTINBRAS WAY 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 six 45 FORTINBRAS WAY sales between April 1998 and September 2018 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 November 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 45 FORTINBRAS WAY?

45 FORTINBRAS WAY is 78m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 45 FORTINBRAS WAY lies on this distribution: 9% of detached houses are smaller than 45 FORTINBRAS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

45 FORTINBRAS WAY: Plot and Title Map

45 FORTINBRAS WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 45 FORTINBRAS WAY, 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 45 FORTINBRAS WAY). 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 45 FORTINBRAS WAY?

45 FORTINBRAS WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 45 on FORTINBRAS WAY.