PUMP MEAD, THE AVENUE, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LZ - £585,000

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

PUMP MEAD is a very small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £585,000 in July 2019, which was around 20% above the average July 2019 detached price in the Maldon local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was A.

PUMP MEAD Sold Prices

Land registry data shows two sales for PUMP MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two PUMP MEAD 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
2019 19 JUL	£585,000	£489,221	20% above HPI
2015 18 DEC	£436,000	£393,461	11% above HPI

PUMP MEAD 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 two PUMP MEAD sales from December 2015 and July 2019 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 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is PUMP MEAD?

PUMP MEAD is 115m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% 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 PUMP MEAD lies on this distribution: 18% of detached houses are smaller than PUMP MEAD, and 82% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

PUMP MEAD: Plot and Title Map

PUMP MEAD sits on a plot of roughly 0.527 of an acre, or 2,132m². The below map shows the location of PUMP MEAD, 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 PUMP MEAD). 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 PUMP MEAD?

PUMP MEAD is located on THE AVENUE in NORTH FAMBRIDGE, in the CM3 postcode district. The below map shows the position of PUMP MEAD on THE AVENUE.