FABLES, MARINA ROAD, HATFIELD PEVEREL, CHELMSFORD, CM3 2DZ - £285,000

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

FABLES is a large detached house of 145m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2004, which was around 7% above the average May 2004 detached price in the Braintree local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

FABLES Sold Prices

Land registry data shows two sales for FABLES 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 FABLES 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
2004 20 MAY	£285,000	£265,912	7% above HPI
2002 16 OCT	£250,000	£224,823	11% above HPI

FABLES 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 FABLES sales from October 2002 and May 2004 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 October 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2004 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is FABLES?

FABLES is 145m² according to the EPC inspection conducted in October 2018. This puts it in the largest 30% 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 FABLES lies on this distribution: 76% of detached houses are smaller than FABLES, and 24% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

FABLES: Plot and Title Map

FABLES sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of FABLES, 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 FABLES). 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 FABLES?

FABLES is located on MARINA ROAD in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of FABLES on MARINA ROAD.