17, PROMENADE, MAYLAND, CHELMSFORD, CM3 6AR - £325,000

17 PROMENADE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £325,000 in October 2020, which was around 32% below the average October 2020 detached price in the Maldon local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

17 PROMENADE Sold Prices

Land registry data shows five sales for 17 PROMENADE 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. All of the five 17 PROMENADE sales were for below 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
2020 27 OCT	£325,000	£480,404	32% below HPI
2012 25 MAY	£227,500	£307,964	26% below HPI
2006 30 NOV	£217,000	£299,293	27% below HPI
2005 4 FEB	£185,000	£286,001	35% below HPI
1999 23 MAR	£82,500	£115,247	28% below HPI

17 PROMENADE 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 17 PROMENADE sales between March 1999 and October 2020 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 17 PROMENADE?

17 PROMENADE is 87m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 17 PROMENADE lies on this distribution: 17% of detached houses are smaller than 17 PROMENADE, and 83% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

17 PROMENADE: Plot and Title Map

17 PROMENADE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 17 PROMENADE, 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 17 PROMENADE). 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 17 PROMENADE?

17 PROMENADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 17 on PROMENADE.