GABLE END, FRANKLIN ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NF - £375,000

GABLE END is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £375,000 in May 2021, which was around 24% below the average May 2021 detached price in the Maldon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

GABLE END Sold Prices

Land registry data shows three sales for GABLE END 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 GABLE END sales were for below 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 21 MAY	£375,000	£490,710	24% below HPI
2015 23 JUL	£345,000	£383,363	10% below HPI
2004 30 NOV	£247,500	£282,763	12% below HPI

GABLE END 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 GABLE END sales between November 2004 and May 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 July 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is GABLE END?

GABLE END is 80m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 GABLE END lies on this distribution: 5% of detached houses are smaller than GABLE END, and 95% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

GABLE END: Plot and Title Map

GABLE END sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of GABLE END, 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 GABLE END). 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 GABLE END?

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