FERRY CORNER, THE AVENUE, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LZ - £700,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FERRY CORNER is a very large extended detached house of 315m², built sometime between 1996 and 2002, which could now be worth an estimated £716,016. It was last sold for £700,000 in December 2021, which was around 30% above the average December 2021 detached price in the Maldon local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

FERRY CORNER Sold Prices

Land registry data shows five sales for FERRY CORNER since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five FERRY CORNER 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
2021 17 DEC	£700,000	£540,530	30% above HPI
2016 3 OCT	£536,912	£449,075	20% above HPI
2004 30 JUL	£500,000	£281,030	78% above HPI
2000 24 JUL	£375,000	£153,314	145% above HPI
1995 28 FEB	£60,000	£94,194	36% below HPI

FERRY CORNER 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 five FERRY CORNER sales between February 1995 and December 2021 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 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might FERRY CORNER be worth now?

FERRY CORNER might now be worth an estimated £716,016.

This is based on house price inflation of 2.3%, between December 2021 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for FERRY CORNER of £700,000 on 17th December 2021. For the value to have increased from £700,000 to £716,016 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of FERRY CORNER has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2021 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of FERRY CORNER has not materially changed since December 2021.

How Large is FERRY CORNER?

FERRY CORNER is 315m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in North Fambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Fambridge, and where FERRY CORNER lies on this distribution: 96% of detached houses houses are smaller than FERRY CORNER, and 4% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

FERRY CORNER: Plot and Title Map

FERRY CORNER sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of FERRY CORNER, 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 FERRY CORNER). 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 FERRY CORNER?

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