48, FORTINBRAS WAY, CHELMSFORD, CM2 9PA - £174,000

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

48 FORTINBRAS WAY is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £174,000 in April 2002, which was around 25% below the average April 2002 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

48 FORTINBRAS WAY Sold Prices

Land registry data shows three sales for 48 FORTINBRAS WAY 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. All of the three 48 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
2002 2 APR	£174,000	£232,007	25% below HPI
2001 28 FEB	£147,500	£195,480	25% below HPI
1997 25 JUL	£112,500	£123,759	9% below HPI

48 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 three 48 FORTINBRAS WAY sales between July 1997 and April 2002 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 February 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2002 sale, which was also at 25% below the HPI.

How Large is 48 FORTINBRAS WAY?

48 FORTINBRAS WAY is 137m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 48 FORTINBRAS WAY lies on this distribution: 64% of detached houses are smaller than 48 FORTINBRAS WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

48 FORTINBRAS WAY: Plot and Title Map

48 FORTINBRAS WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 48 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 48 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 48 FORTINBRAS WAY?

48 FORTINBRAS WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 48 on FORTINBRAS WAY.