10, AUSTRAL WAY, ALTHORNE, CHELMSFORD, CM3 6UP - £241,500

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

10 AUSTRAL WAY is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £241,500 in September 2015, which was around 39% below the average September 2015 detached price in the Maldon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

10 AUSTRAL WAY Sold Prices

Land registry data shows two sales for 10 AUSTRAL 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. Both of the two 10 AUSTRAL WAY 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
2015 22 SEP	£241,500	£393,867	39% below HPI
1998 25 NOV	£91,000	£114,867	21% below HPI

10 AUSTRAL 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 10 AUSTRAL WAY sales from November 1998 and September 2015 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 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 10 AUSTRAL WAY?

10 AUSTRAL WAY is 85m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 10 AUSTRAL WAY lies on this distribution: 33% of detached houses are smaller than 10 AUSTRAL WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Althorne.

10 AUSTRAL WAY: Plot and Title Map

10 AUSTRAL WAY sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 10 AUSTRAL 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 10 AUSTRAL 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 10 AUSTRAL WAY?

10 AUSTRAL WAY is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 10 on AUSTRAL WAY.