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

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

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 19% 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	£665,383	19% above HPI
2015 28 OCT	£660,000	£492,136	34% above HPI
2007 15 FEB	£395,000	£350,299	13% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

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 in Howe Street, based on EPC data. The below chart shows the distribution of detached houses by size in Howe Street, and where FERNDALE lies on this distribution: 85% of detached 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.