FAIRVIEW, CHELMSFORD ROAD, FELSTED, DUNMOW, CM6 3EP - £492,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRVIEW is a very small detached house of 131m², built sometime between 1930 and 1949. It was last sold for £492,500 in December 2022, which was around 30% below the average December 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows three sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three FAIRVIEW sales were for below 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 6 DEC	£492,500	£706,002	30% below HPI
2006 16 MAR	£269,000	£357,719	25% below HPI
2001 20 JUL	£158,000	£243,785	35% below HPI

FAIRVIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three FAIRVIEW sales between July 2001 and December 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 March 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 131m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Felsted, based on EPC data. The below chart shows the distribution of detached houses by size in Felsted, and where FAIRVIEW lies on this distribution: 19% of detached houses are smaller than FAIRVIEW, and 80% of houses are larger. Note that EPC data is not available for all properties in Felsted.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on CHELMSFORD ROAD in FELSTED, in the CM6 postcode district. The below map shows the position of FAIRVIEW on CHELMSFORD ROAD.