SPINDRIFT, THE AVENUE, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LZ - £541,000

SPINDRIFT is a large detached house of 210m², built sometime between 1983 and 1990. It was last sold for £541,000 in November 2006, which was around 81% above the average November 2006 detached price in the Maldon local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

SPINDRIFT Sold Prices

Land registry data shows three sales for SPINDRIFT 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 SPINDRIFT 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
2006 3 NOV	£541,000	£299,293	81% above HPI
2002 14 JUN	£354,500	£203,470	74% above HPI
1995 4 AUG	£197,500	£92,613	113% above HPI

SPINDRIFT 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 SPINDRIFT sales between August 1995 and November 2006 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 June 2002 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2006 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 210m² according to the EPC inspection conducted in February 2022. This puts it in the largest 30% 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 SPINDRIFT lies on this distribution: 71% of detached houses are smaller than SPINDRIFT, and 28% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.281 of an acre, or 1,136m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

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