THE ACORNS, RECTORY ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NG - £675,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE ACORNS is a very large detached house of 227m², built sometime between 2003 and 2006. It was last sold for £675,000 in February 2019, which was around 38% above the average February 2019 detached price in the Maldon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

THE ACORNS Sold Prices

Land registry data shows two sales for THE ACORNS 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 THE ACORNS 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 15 FEB	£675,000	£489,791	38% above HPI
2007 18 MAY	£575,000	£306,001	88% above HPI

THE ACORNS 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 THE ACORNS sales from May 2007 and February 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 May 2007 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the February 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE ACORNS?

THE ACORNS is 227m² according to the EPC inspection conducted in November 2018. 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 THE ACORNS lies on this distribution: 80% of detached houses are smaller than THE ACORNS, and 20% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

THE ACORNS: Plot and Title Map

THE ACORNS sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of THE ACORNS, 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 THE ACORNS). 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 THE ACORNS?

THE ACORNS is located on RECTORY ROAD in NORTH FAMBRIDGE, in the CM3 postcode district. The below map shows the position of THE ACORNS on RECTORY ROAD.