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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MALLARDS is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £260,000 in August 2018, which was around 46% 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	£483,182	46% below HPI
2002 12 MAR	£109,995	£189,917	42% below HPI
1998 29 JUN	£72,000	£117,705	39% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

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 in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 1 MALLARDS lies on this distribution: 3% of detached 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.