121, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EJ - £400,000

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

121 NIPSELLS CHASE is a very large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £400,000 in November 2020, which was around 18% below the average November 2020 detached price in the Maldon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

121 NIPSELLS CHASE Sold Prices

Land registry data shows three sales for 121 NIPSELLS CHASE 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 121 NIPSELLS CHASE 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
2020 13 NOV	£400,000	£485,874	18% below HPI
2009 29 SEP	£225,000	£284,108	21% below HPI
1999 19 NOV	£87,000	£132,961	35% below HPI

121 NIPSELLS CHASE 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 121 NIPSELLS CHASE sales between November 1999 and November 2020 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 September 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 121 NIPSELLS CHASE?

121 NIPSELLS CHASE is 142m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 121 NIPSELLS CHASE lies on this distribution: 85% of detached houses are smaller than 121 NIPSELLS CHASE, and 15% of houses are larger. Note that EPC data is not available for all properties in Mayland.

121 NIPSELLS CHASE: Plot and Title Map

121 NIPSELLS CHASE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 121 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 121 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 121 NIPSELLS CHASE?

121 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 121 on NIPSELLS CHASE.