120, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EJ - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

120 NIPSELLS CHASE is a very small extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £351,017. It was last sold for £240,000 in October 2015, which was about the average October 2015 semi-detached price in the Maldon local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

120 NIPSELLS CHASE Sold Prices

Land registry data shows two sales for 120 NIPSELLS CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. One of the two 120 NIPSELLS CHASE sales was roughly equal to the average price, whilst the other was for above 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 14 OCT	£240,000	£240,238	Close to HPI
2007 25 JUN	£204,000	£194,357	5% above HPI

120 NIPSELLS CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The two 120 NIPSELLS CHASE sales from June 2007 and October 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 June 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 120 NIPSELLS CHASE be worth now?

120 NIPSELLS CHASE might now be worth an estimated £351,017.

This is based on house price inflation of 46.3%, between October 2015 and December 2024, for semi-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 46.3% inflationary increase is applied to the most recent sale price for 120 NIPSELLS CHASE of £240,000 on 14th October 2015. For the value to have increased from £240,000 to £351,017 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 120 NIPSELLS CHASE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The October 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 120 NIPSELLS CHASE has not materially changed since October 2015.

How Large is 120 NIPSELLS CHASE?

120 NIPSELLS CHASE is 90m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of semi-detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mayland, and where 120 NIPSELLS CHASE lies on this distribution: 15% of semi-detached houses houses are smaller than 120 NIPSELLS CHASE, and 83% of houses are larger. Note that EPC data is not available for all properties in Mayland.

120 NIPSELLS CHASE: Plot and Title Map

120 NIPSELLS CHASE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 120 NIPSELLS CHASE, 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 120 NIPSELLS CHASE). 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 120 NIPSELLS CHASE?

120 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 120 on NIPSELLS CHASE.