TIPITINA, FAMBRIDGE ROAD, NORTH FAMBRIDGE, CHELMSFORD, CM3 6NB - £915,000

TIPITINA is a large extended detached house of 194m², built sometime between 1991 and 1995. It was last sold for £915,000 in March 2021, which was around 87% above the average March 2021 detached price in the Maldon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was D.

TIPITINA Sold Prices

Land registry data shows three sales for TIPITINA 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 TIPITINA 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 23 MAR	£915,000	£489,655	87% above HPI
2003 9 MAY	£400,500	£244,963	63% above HPI
1996 8 AUG	£220,000	£95,292	131% above HPI

TIPITINA 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 TIPITINA sales between August 1996 and March 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 May 2003 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2021 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is TIPITINA?

TIPITINA is 194m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% 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 TIPITINA lies on this distribution: 65% of detached houses are smaller than TIPITINA, and 35% of houses are larger. Note that EPC data is not available for all properties in North Fambridge.

TIPITINA: Plot and Title Map

TIPITINA sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of TIPITINA, 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 TIPITINA). 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 TIPITINA?

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