ROWAN HOUSE, FAMBRIDGE ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NB - £1,045,000

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

ROWAN HOUSE is a very large extended detached house of 281m², built sometime between 1991 and 1995. It was last sold for £1,045,000 in August 2021, which was around 103% above the average August 2021 detached price in the Maldon local authority area. The most recent EPC inspection was May 2020, where the current energy rating was F, and the potential energy rating was E.

ROWAN HOUSE Sold Prices

Land registry data shows two sales for ROWAN HOUSE 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 ROWAN HOUSE 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 17 AUG	£1,045,000	£514,804	103% above HPI
1995 16 NOV	£220,000	£92,827	137% above HPI

ROWAN HOUSE 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 ROWAN HOUSE sales from November 1995 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 November 1995 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the August 2021 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is ROWAN HOUSE?

ROWAN HOUSE is 281m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 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 ROWAN HOUSE lies on this distribution: 89% of detached houses are smaller than ROWAN HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

ROWAN HOUSE: Plot and Title Map

ROWAN HOUSE sits on a plot of roughly 0.287 of an acre, or 1,160m². The below map shows the location of ROWAN HOUSE, 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 ROWAN HOUSE). 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 ROWAN HOUSE?

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