FARM VIEW, FRANKLIN ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NF - £477,500

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

FARM VIEW is a large detached house of 198m², built sometime between 2003 and 2006. It was last sold for £477,500 in September 2014, which was around 33% above the average September 2014 detached price in the Maldon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

FARM VIEW Sold Prices

Land registry data shows three sales for FARM VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three FARM VIEW 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
2014 29 SEP	£477,500	£358,551	33% above HPI
2008 9 APR	£530,000	£322,302	64% above HPI
2004 16 NOV	£455,000	£282,763	61% above HPI

FARM VIEW 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 three FARM VIEW sales between November 2004 and September 2014 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 April 2008 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2014 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is FARM VIEW?

FARM VIEW is 198m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 FARM VIEW lies on this distribution: 68% of detached houses are smaller than FARM VIEW, and 32% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

FARM VIEW: Plot and Title Map

FARM VIEW sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of FARM VIEW, 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 FARM VIEW). 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 FARM VIEW?

FARM VIEW is located on FRANKLIN ROAD in NORTH FAMBRIDGE, in the CM3 postcode district. The below map shows the position of FARM VIEW on FRANKLIN ROAD.