15, DRAKE AVENUE, MAYLAND, CHELMSFORD, CM3 6TY - £228,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 DRAKE AVENUE is a large semi-detached house of 127m², built sometime between 1983 and 1990. It was last sold for £228,500 in April 2009, which was around 24% below the average April 2009 detached price in the Maldon local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

15 DRAKE AVENUE Sold Prices

Land registry data shows four sales for 15 DRAKE 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 15 DRAKE 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
2009 24 APR	£228,500	£299,925	24% below HPI
2006 20 OCT	£235,000	£296,158	21% below HPI
2002 6 DEC	£180,000	£237,179	24% below HPI
1997 16 JAN	£82,000	£95,603	14% below HPI

15 DRAKE 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 15 DRAKE AVENUE sales between January 1997 and April 2009 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 DRAKE AVENUE?

15 DRAKE AVENUE is 127m² according to the EPC inspection conducted in February 2009. This puts it in the largest 30% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 15 DRAKE AVENUE lies on this distribution: 73% of detached houses are smaller than 15 DRAKE AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Mayland.

15 DRAKE AVENUE: Plot and Title Map

15 DRAKE AVENUE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 15 DRAKE 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 15 DRAKE 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 15 DRAKE AVENUE?

15 DRAKE AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 15 on DRAKE AVENUE.