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

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.

GABLE END is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £417,261. It was last sold for £375,000 in May 2021, which was around 25% 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	£496,898	25% below HPI
2015 23 JUL	£345,000	£388,197	11% below HPI
2004 30 NOV	£247,500	£286,328	14% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might GABLE END be worth now?

GABLE END might now be worth an estimated £417,261.

This is based on house price inflation of 11.3%, between May 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 11.3% inflationary increase is applied to the most recent sale price for GABLE END of £375,000 on 21st May 2021. For the value to have increased from £375,000 to £417,261 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of GABLE END has moved in line with the HPI for detached houses in the Maldon local authority area.
• The May 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of GABLE END has not materially changed since May 2021.

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 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 GABLE END lies on this distribution: 7% of detached houses houses are smaller than GABLE END, and 93% 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.