4, BUCHANAN WAY, LATCHINGDON, CHELMSFORD, CM3 6HL - £300,000

4 BUCHANAN WAY is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £300,000 in November 2019, which was around 38% below the average November 2019 detached price in the Maldon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

4 BUCHANAN WAY Sold Prices

Land registry data shows three sales for 4 BUCHANAN WAY 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 4 BUCHANAN WAY 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
2019 29 NOV	£300,000	£480,223	38% below HPI
2014 9 APR	£220,000	£326,270	33% below HPI
2004 27 FEB	£185,000	£273,129	32% below HPI

4 BUCHANAN WAY 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 4 BUCHANAN WAY sales between February 2004 and November 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 April 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 BUCHANAN WAY?

4 BUCHANAN WAY is 96m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where 4 BUCHANAN WAY lies on this distribution: 30% of detached houses are smaller than 4 BUCHANAN WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

4 BUCHANAN WAY: Plot and Title Map

4 BUCHANAN WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 4 BUCHANAN WAY, 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 4 BUCHANAN WAY). 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 4 BUCHANAN WAY?

4 BUCHANAN WAY is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 4 on BUCHANAN WAY.