131, IMPERIAL AVENUE, MAYLAND, CHELMSFORD, CM3 6TT - £350,000

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

131 IMPERIAL AVENUE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2022, which was around 36% below the average May 2022 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.

131 IMPERIAL AVENUE Sold Prices

Land registry data shows four sales for 131 IMPERIAL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 131 IMPERIAL 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
2022 4 MAY	£350,000	£546,068	36% below HPI
2018 25 MAY	£290,000	£476,924	39% below HPI
2015 22 SEP	£235,000	£393,867	40% below HPI
2014 15 AUG	£207,000	£353,891	42% below HPI

131 IMPERIAL 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 four 131 IMPERIAL AVENUE sales between August 2014 and May 2022 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 May 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 131 IMPERIAL AVENUE?

131 IMPERIAL AVENUE is 81m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 131 IMPERIAL AVENUE lies on this distribution: 11% of detached houses are smaller than 131 IMPERIAL AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

131 IMPERIAL AVENUE: Plot and Title Map

131 IMPERIAL AVENUE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 131 IMPERIAL 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 131 IMPERIAL 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 131 IMPERIAL AVENUE?

131 IMPERIAL AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 131 on IMPERIAL AVENUE.