HETHERSAGE, FRANKLIN ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NF - £505,000

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

HETHERSAGE is a midsized extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £505,000 in January 2017, which was around 13% above the average January 2017 detached price in the Maldon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

HETHERSAGE Sold Prices

Land registry data shows four sales for HETHERSAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four HETHERSAGE 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
2017 12 JAN	£505,000	£447,754	13% above HPI
2015 21 AUG	£465,000	£393,439	18% above HPI
2000 25 SEP	£245,000	£160,443	53% above HPI
1996 7 JUN	£115,000	£91,905	25% above HPI

HETHERSAGE 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 four HETHERSAGE sales between June 1996 and January 2017 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 August 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2017 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is HETHERSAGE?

HETHERSAGE is 153m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% 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 HETHERSAGE lies on this distribution: 41% of detached houses are smaller than HETHERSAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

HETHERSAGE: Plot and Title Map

HETHERSAGE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of HETHERSAGE, 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 HETHERSAGE). 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 HETHERSAGE?

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