FAIRWAYS, THE AVENUE, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LZ - £430,000

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

FAIRWAYS is a small extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £430,000 in June 2013, which was around 29% above the average June 2013 detached price in the Maldon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS 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 FAIRWAYS 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
2013 27 JUN	£430,000	£333,149	29% above HPI
2002 7 NOV	£292,500	£233,337	25% above HPI

FAIRWAYS 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 FAIRWAYS sales from November 2002 and June 2013 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 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2013 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 148m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% 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 FAIRWAYS lies on this distribution: 35% of detached houses are smaller than FAIRWAYS, and 62% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

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