TAY HOUSE, FAMBRIDGE ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NB - £760,000

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

TAY HOUSE is a midsized extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £760,000 in November 2023, which was around 37% above the average November 2023 detached price in the Maldon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

TAY HOUSE Sold Prices

Land registry data shows five sales for TAY HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five TAY 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
2023 3 NOV	£760,000	£555,323	37% above HPI
2022 26 MAY	£670,000	£546,068	23% above HPI
2007 7 SEP	£345,000	£319,452	8% above HPI
1999 19 NOV	£140,000	£132,961	5% above HPI
1995 17 NOV	£81,000	£92,827	13% below HPI

TAY 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 five TAY HOUSE sales between November 1995 and November 2023 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 May 2022 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2023 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is TAY HOUSE?

TAY HOUSE is 159m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% 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 TAY HOUSE lies on this distribution: 43% of detached houses are smaller than TAY HOUSE, and 57% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

TAY HOUSE: Plot and Title Map

TAY HOUSE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of TAY 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 TAY 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 TAY HOUSE?

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