7, FERNDOWN WAY, HATFIELD PEVEREL, CHELMSFORD, CM3 2JU - £560,000

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

7 FERNDOWN WAY is a very large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £560,000 in June 2022, which was around 6% above the average June 2022 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

7 FERNDOWN WAY Sold Prices

Land registry data shows two sales for 7 FERNDOWN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 7 FERNDOWN WAY sales were 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
2022 17 JUN	£560,000	£529,767	6% above HPI
2008 25 APR	£335,000	£323,483	4% above HPI

7 FERNDOWN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 7 FERNDOWN WAY sales from April 2008 and June 2022 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 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 7 FERNDOWN WAY?

7 FERNDOWN WAY is 161m², which includes four extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 7 FERNDOWN WAY lies on this distribution: 86% of detached houses are smaller than 7 FERNDOWN WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

7 FERNDOWN WAY: Plot and Title Map

7 FERNDOWN WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 7 FERNDOWN 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 7 FERNDOWN 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 7 FERNDOWN WAY?

7 FERNDOWN WAY is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 7 on FERNDOWN WAY.