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

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.

FAIRACRE HOUSE is a very large extended detached house of 565m², built sometime between 2003 and 2006, which could now be worth an estimated £1,798,076. It was last sold for £950,000 in January 2005, which was around 225% 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	£292,119	225% above HPI
2001 14 NOV	£200,000	£186,097	7% 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2005 sale, where it rises to 225% above the HPI. The line then continues to track at 225% above the HPI.

What might FAIRACRE HOUSE be worth now?

FAIRACRE HOUSE might now be worth an estimated £1,798,076.

This is based on house price inflation of 89.3%, between January 2005 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 89.3% inflationary increase is applied to the most recent sale price for FAIRACRE HOUSE of £950,000 on 14th January 2005. For the value to have increased from £950,000 to £1,798,076 over the nineteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of FAIRACRE HOUSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The January 2005 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRACRE HOUSE has not materially changed since January 2005.

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 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 FAIRACRE HOUSE lies on this distribution: More than 99% of detached houses 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.