53, FORTINBRAS WAY, CHELMSFORD, CM2 9JA - £515,000

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

53 FORTINBRAS WAY is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £515,000 in February 2024, which was around 22% below the average February 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

53 FORTINBRAS WAY Sold Prices

Land registry data shows five sales for 53 FORTINBRAS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Most of the five 53 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
2024 15 FEB	£515,000	£656,250	22% below HPI
2017 11 AUG	£417,000	£568,445	27% below HPI
2006 31 MAY	£277,000	£336,015	18% below HPI
1999 17 SEP	£139,950	£156,881	11% below HPI
1998 27 MAR	£148,000	£134,692	10% above HPI

53 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 five 53 FORTINBRAS WAY sales between March 1998 and February 2024 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 August 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 53 FORTINBRAS WAY?

53 FORTINBRAS WAY is 98m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 53 FORTINBRAS WAY lies on this distribution: 27% of detached houses are smaller than 53 FORTINBRAS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

53 FORTINBRAS WAY: Plot and Title Map

53 FORTINBRAS WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 53 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 53 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 53 FORTINBRAS WAY?

53 FORTINBRAS WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 53 on FORTINBRAS WAY.