5, AVELEY WAY, MALDON, CM9 6YQ - £400,000

5 AVELEY WAY is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £400,000 in April 2019, which was around 16% below the average April 2019 detached price in the Maldon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

5 AVELEY WAY Sold Prices

Land registry data shows two sales for 5 AVELEY WAY 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. One of the two 5 AVELEY WAY sales was for below the average price, whilst the other was 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
2019 4 APR	£400,000	£479,028	16% below HPI
1995 10 MAR	£92,000	£90,959	1% above HPI

5 AVELEY 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 two 5 AVELEY WAY sales from March 1995 and April 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 March 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 AVELEY WAY?

5 AVELEY WAY is 87m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 5 AVELEY WAY lies on this distribution: 19% of detached houses are smaller than 5 AVELEY WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Maldon.

5 AVELEY WAY: Plot and Title Map

5 AVELEY WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 AVELEY 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 5 AVELEY 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 5 AVELEY WAY?

5 AVELEY WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 5 on AVELEY WAY.