HILLCREST, FAMBRIDGE ROAD, ALTHORNE, CHELMSFORD, CM3 6DB - £1,350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HILLCREST is a very large extended detached house of 279m², built sometime between 1983 and 1990, which could now be worth an estimated £1,466,024. It was last sold for £1,350,000 in August 2021, which was around 159% above the average August 2021 detached price in the Maldon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

HILLCREST Sold Prices

Land registry data shows three sales for HILLCREST 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 HILLCREST 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 26 AUG	£1,350,000	£521,296	159% above HPI
2014 18 JUL	£870,000	£345,981	151% above HPI
1996 29 NOV	£320,000	£99,415	222% above HPI

HILLCREST 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 HILLCREST sales between November 1996 and August 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 2014 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the August 2021 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £1,466,024.

This is based on house price inflation of 8.6%, between August 2021 and December 2024, 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 8.6% inflationary increase is applied to the most recent sale price for HILLCREST of £1,350,000 on 26th August 2021. For the value to have increased from £1,350,000 to £1,466,024 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2021 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since August 2021.

How Large is HILLCREST?

HILLCREST is 279m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Althorne, and where HILLCREST lies on this distribution: 92% of detached houses houses are smaller than HILLCREST, and 8% of houses are larger. Note that EPC data is not available for all properties in Althorne.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 1.5 acres, or 6,123m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on FAMBRIDGE ROAD in ALTHORNE, in the CM3 postcode district. The below map shows the position of HILLCREST on FAMBRIDGE ROAD.