1, GREBE CLOSE, MAYLAND, CHELMSFORD, CM3 6TZ - £265,000

1 GREBE CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £265,000 in December 2014, which was around 26% below the average December 2014 detached price in the Maldon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

1 GREBE CLOSE Sold Prices

Land registry data shows three sales for 1 GREBE CLOSE 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 1 GREBE CLOSE 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
2014 11 DEC	£265,000	£356,664	26% below HPI
2002 31 MAY	£169,000	£197,398	14% below HPI
2001 24 AUG	£132,500	£174,713	24% below HPI

1 GREBE CLOSE 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 1 GREBE CLOSE sales between August 2001 and December 2014 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 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 GREBE CLOSE?

1 GREBE CLOSE is 77m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 1 GREBE CLOSE lies on this distribution: 8% of detached houses are smaller than 1 GREBE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Mayland.

1 GREBE CLOSE: Plot and Title Map

1 GREBE CLOSE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 1 GREBE CLOSE, 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 1 GREBE CLOSE). 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 1 GREBE CLOSE?

1 GREBE CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 1 on GREBE CLOSE.