LILAC COTTAGE, FAMBRIDGE ROAD, ALTHORNE, CHELMSFORD, CM3 6BZ - £289,300

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

LILAC COTTAGE is a very small extended detached house of 42m², built sometime between 1950 and 1966, which could now be worth an estimated £420,577. It was last sold for £289,300 in May 2015, which was around 26% below the average May 2015 detached price in the Maldon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC COTTAGE 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 LILAC COTTAGE 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
2015 15 MAY	£289,300	£389,399	26% below HPI
2011 9 DEC	£247,000	£317,018	22% below HPI
2003 21 JAN	£205,000	£249,048	18% below HPI

LILAC COTTAGE 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 LILAC COTTAGE sales between January 2003 and May 2015 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 December 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might LILAC COTTAGE be worth now?

LILAC COTTAGE might now be worth an estimated £420,577.

This is based on house price inflation of 45.4%, between May 2015 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 45.4% inflationary increase is applied to the most recent sale price for LILAC COTTAGE of £289,300 on 15th May 2015. For the value to have increased from £289,300 to £420,577 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of LILAC COTTAGE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The May 2015 sale price of £289,300 represented a fair market value for the property.
• The size, condition, and specification of LILAC COTTAGE has not materially changed since May 2015.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 42m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 LILAC COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than LILAC COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Althorne.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of LILAC COTTAGE, 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 LILAC COTTAGE). 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 LILAC COTTAGE?

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