FERNDALE, MAIN ROAD, HOWE STREET, CHELMSFORD, CM3 1BG - £795,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FERNDALE is a very large extended detached house of 208m², built sometime between 1991 and 1995. It was last sold for £795,000 in October 2023, which was around 18% above the average October 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

FERNDALE Sold Prices

Land registry data shows three sales for FERNDALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three FERNDALE 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
2023 31 OCT	£795,000	£670,951	18% above HPI
2015 28 OCT	£660,000	£497,383	33% above HPI
2007 15 FEB	£395,000	£354,034	12% above HPI

FERNDALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three FERNDALE sales between February 2007 and October 2023 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 October 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might FERNDALE be worth now?

FERNDALE might now be worth an estimated £791,211.

This is based on house price deflation of 0.5%, between October 2023 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for FERNDALE of £795,000 on 31st October 2023. For the value to have decreased from £795,000 to £791,211 over the ten months to December 2024, the following assumptions must hold true:

• The value of FERNDALE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2023 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of FERNDALE has not materially changed since October 2023.

How Large is FERNDALE?

FERNDALE is 208m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses houses in Howe Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Howe Street, and where FERNDALE lies on this distribution: 85% of detached houses houses are smaller than FERNDALE, and 15% of houses are larger. Note that EPC data is not available for all properties in Howe Street.

FERNDALE: Plot and Title Map

FERNDALE sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of FERNDALE, 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 FERNDALE). 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 FERNDALE?

FERNDALE is located on MAIN ROAD in HOWE STREET, in the CM3 postcode district. The below map shows the position of FERNDALE on MAIN ROAD.