14, HERON WAY, MAYLAND, CHELMSFORD, CM3 6TP - £342,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 HERON WAY is a small detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £377,450. It was last sold for £342,500 in December 2020, which was around 32% below the average December 2020 detached price in the Maldon local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

14 HERON WAY Sold Prices

Land registry data shows three sales for 14 HERON WAY 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 14 HERON 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
2020 16 DEC	£342,500	£501,701	32% below HPI
2007 18 OCT	£246,000	£334,959	27% below HPI
2001 25 MAY	£123,000	£168,829	27% below HPI

14 HERON 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 three 14 HERON WAY sales between May 2001 and December 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 October 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 14 HERON WAY be worth now?

14 HERON WAY might now be worth an estimated £377,450.

This is based on house price inflation of 10.2%, between December 2020 and February 2025, for 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 10.2% inflationary increase is applied to the most recent sale price for 14 HERON WAY of £342,500 on 16th December 2020. For the value to have increased from £342,500 to £377,450 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 HERON WAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2020 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 14 HERON WAY has not materially changed since December 2020.

How Large is 14 HERON WAY?

14 HERON WAY is 101m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayland, and where 14 HERON WAY lies on this distribution: 29% of detached houses houses are smaller than 14 HERON WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Mayland.

14 HERON WAY: Plot and Title Map

14 HERON WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 14 HERON 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 14 HERON 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 14 HERON WAY?

14 HERON WAY is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 14 on HERON WAY.