40, WEST AVENUE, MAYLAND, CHELMSFORD, CM3 6AF - £450,000

40 WEST AVENUE is a small extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £450,000 in September 2020, which was around 6% below the average September 2020 detached price in the Maldon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

40 WEST AVENUE Sold Prices

Land registry data shows four sales for 40 WEST AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 40 WEST AVENUE 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 8 SEP	£450,000	£476,761	6% below HPI
2019 20 MAY	£410,000	£480,212	15% below HPI
2002 28 FEB	£132,000	£186,862	29% below HPI
1998 17 NOV	£78,000	£114,867	32% below HPI

40 WEST AVENUE 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 four 40 WEST AVENUE sales between November 1998 and September 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 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40 WEST AVENUE?

40 WEST AVENUE is 121m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 40 WEST AVENUE lies on this distribution: 37% of detached houses are smaller than 40 WEST AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

40 WEST AVENUE: Plot and Title Map

40 WEST AVENUE sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of 40 WEST AVENUE, 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 40 WEST AVENUE). 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 40 WEST AVENUE?

40 WEST AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 40 on WEST AVENUE.