FAIRACRE HOUSE, FERRY ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LS - £950,000

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

FAIRACRE HOUSE is a very large extended detached house of 565m², built sometime between 2003 and 2006. It was last sold for £950,000 in January 2005, which was around 229% above the average January 2005 detached price in the Maldon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

FAIRACRE HOUSE Sold Prices

Land registry data shows two sales for FAIRACRE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two FAIRACRE HOUSE 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
2005 14 JAN	£950,000	£288,481	229% above HPI
2001 14 NOV	£200,000	£183,779	9% above HPI

FAIRACRE HOUSE 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 two FAIRACRE HOUSE sales from November 2001 and January 2005 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 November 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2005 sale, where it rises to 229% above the HPI. The line then continues to track at 229% above the HPI.

How Large is FAIRACRE HOUSE?

FAIRACRE HOUSE is 565m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in North Fambridge, based on EPC data. The below chart shows the distribution of detached houses by size in North Fambridge, and where FAIRACRE HOUSE lies on this distribution: More than 99% of detached houses are smaller than FAIRACRE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

FAIRACRE HOUSE: Plot and Title Map

FAIRACRE HOUSE sits on a plot of roughly 0.332 of an acre, or 1,344m². The below map shows the location of FAIRACRE HOUSE, 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 FAIRACRE HOUSE). 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 FAIRACRE HOUSE?

FAIRACRE HOUSE is located on FERRY ROAD in NORTH FAMBRIDGE, in the CM3 postcode district. The below map shows the position of FAIRACRE HOUSE on FERRY ROAD.