BROADREACH, THE AVENUE, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LZ - £557,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BROADREACH is a small extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £642,647. It was last sold for £557,000 in October 2017, which was around 16% above the average October 2017 detached price in the Maldon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

BROADREACH Sold Prices

Land registry data shows four sales for BROADREACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four BROADREACH 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
2017 5 OCT	£557,000	£479,211	16% above HPI
2015 10 JUL	£449,995	£388,197	16% above HPI
2007 5 FEB	£345,000	£314,089	10% above HPI
1997 27 JUN	£110,000	£101,865	8% above HPI

BROADREACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The four BROADREACH sales between June 1997 and October 2017 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 July 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2017 sale, which was also at 16% above the HPI.

What might BROADREACH be worth now?

BROADREACH might now be worth an estimated £642,647.

This is based on house price inflation of 15.4%, between October 2017 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for BROADREACH of £557,000 on 5th October 2017. For the value to have increased from £557,000 to £642,647 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of BROADREACH has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2017 sale price of £557,000 represented a fair market value for the property.
• The size, condition, and specification of BROADREACH has not materially changed since October 2017.

How Large is BROADREACH?

BROADREACH is 123m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in North Fambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Fambridge, and where BROADREACH lies on this distribution: 23% of detached houses houses are smaller than BROADREACH, and 74% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

BROADREACH: Plot and Title Map

BROADREACH sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of BROADREACH, 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 BROADREACH). 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 BROADREACH?

BROADREACH is located on THE AVENUE in NORTH FAMBRIDGE, in the CM3 postcode district. The below map shows the position of BROADREACH on THE AVENUE.