THE BEECHES, FERRY ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6LS - £995,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE BEECHES is a very large detached house of 417m², built sometime between 1996 and 2002, which could now be worth an estimated £1,218,172. It was last sold for £995,000 in February 2017, which was around 120% above the average February 2017 detached price in the Maldon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

THE BEECHES Sold Prices

Land registry data shows two sales for THE BEECHES 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 BEECHES 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
2017 28 FEB	£995,000	£451,605	120% above HPI
2004 9 JUL	£690,000	£281,030	146% above HPI

THE BEECHES 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 BEECHES sales from July 2004 and February 2017 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 July 2004 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the February 2017 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might THE BEECHES be worth now?

THE BEECHES might now be worth an estimated £1,218,172.

This is based on house price inflation of 22.4%, between February 2017 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for THE BEECHES of £995,000 on 28th February 2017. For the value to have increased from £995,000 to £1,218,172 over the eight years to February 2025, the following assumptions must hold true:

• The value of THE BEECHES has moved in line with the HPI for detached houses in the Maldon local authority area.
• The February 2017 sale price of £995,000 represented a fair market value for the property.
• The size, condition, and specification of THE BEECHES has not materially changed since February 2017.

How Large is THE BEECHES?

THE BEECHES is 417m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in North Fambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Fambridge, and where THE BEECHES lies on this distribution: 98% of detached houses houses are smaller than THE BEECHES, and 2% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.324 of an acre, or 1,312m². The below map shows the location of THE BEECHES, 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 BEECHES). 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 BEECHES?

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