1, MALLARDS, MAYLAND, CHELMSFORD, CM3 6TN - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MALLARDS is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £293,809. It was last sold for £260,000 in August 2018, which was around 47% below the average August 2018 detached price in the Maldon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

1 MALLARDS Sold Prices

Land registry data shows three sales for 1 MALLARDS 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 MALLARDS 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
2018 31 AUG	£260,000	£489,275	47% below HPI
2002 12 MAR	£109,995	£192,311	43% below HPI
1998 29 JUN	£72,000	£119,190	40% below HPI

1 MALLARDS 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 MALLARDS sales between June 1998 and August 2018 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 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 1 MALLARDS be worth now?

1 MALLARDS might now be worth an estimated £293,809.

This is based on house price inflation of 13%, between August 2018 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 1 MALLARDS of £260,000 on 31st August 2018. For the value to have increased from £260,000 to £293,809 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 MALLARDS has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MALLARDS has not materially changed since August 2018.

How Large is 1 MALLARDS?

1 MALLARDS is 68m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayland, and where 1 MALLARDS lies on this distribution: 3% of detached houses houses are smaller than 1 MALLARDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Mayland.

1 MALLARDS: Plot and Title Map

1 MALLARDS sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 1 MALLARDS, 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 MALLARDS). 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 MALLARDS?

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