1, WEMBLEY AVENUE, MAYLAND, CHELMSFORD, CM3 6AY - £289,000

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 WEMBLEY AVENUE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £289,000 in August 2017, which was around 37% below the average August 2017 detached price in the Maldon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

1 WEMBLEY AVENUE Sold Prices

Land registry data shows two sales for 1 WEMBLEY AVENUE 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. Both of the two 1 WEMBLEY 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
2017 10 AUG	£289,000	£459,298	37% below HPI
2001 16 NOV	£128,500	£183,779	30% below HPI

1 WEMBLEY 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 two 1 WEMBLEY AVENUE sales from November 2001 and August 2017 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 November 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 WEMBLEY AVENUE?

1 WEMBLEY AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 WEMBLEY AVENUE lies on this distribution: 24% of detached houses are smaller than 1 WEMBLEY AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mayland.

1 WEMBLEY AVENUE: Plot and Title Map

1 WEMBLEY AVENUE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 1 WEMBLEY 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 1 WEMBLEY 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 1 WEMBLEY AVENUE?

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