15, ELDER ROAD, LATCHINGDON, CHELMSFORD, CM3 6XD - £480,000

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

15 ELDER ROAD is a midsized detached house of 111m². It was last sold for £480,000 in May 2023, which was around 14% below the average May 2023 detached price in the Maldon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

15 ELDER ROAD Sold Prices

Land registry data shows two sales for 15 ELDER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 15 ELDER ROAD 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
2023 24 MAY	£480,000	£556,970	14% below HPI
2019 12 APR	£399,995	£479,028	16% below HPI

15 ELDER ROAD 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 two 15 ELDER ROAD sales from April 2019 and May 2023 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 April 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 ELDER ROAD?

15 ELDER ROAD is 111m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where 15 ELDER ROAD lies on this distribution: 42% of detached houses are smaller than 15 ELDER ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

15 ELDER ROAD: Plot and Title Map

15 ELDER ROAD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 15 ELDER ROAD, 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 ELDER ROAD). 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 ELDER ROAD?

15 ELDER ROAD is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 15 on ELDER ROAD.