15, ORCHARD DRIVE, MAYLAND, CHELMSFORD, CM3 6EP - £202,000

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 ORCHARD DRIVE is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £202,000 in February 2004, which was around 26% below the average February 2004 detached price in the Maldon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

15 ORCHARD DRIVE Sold Prices

Land registry data shows two sales for 15 ORCHARD DRIVE 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 ORCHARD DRIVE 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
2004 27 FEB	£202,000	£273,129	26% below HPI
2002 29 APR	£142,000	£194,258	27% below HPI

15 ORCHARD DRIVE 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 ORCHARD DRIVE sales from April 2002 and February 2004 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2004 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 ORCHARD DRIVE?

15 ORCHARD DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% 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 ORCHARD DRIVE lies on this distribution: 64% of detached houses are smaller than 15 ORCHARD DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Mayland.

15 ORCHARD DRIVE: Plot and Title Map

15 ORCHARD DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 15 ORCHARD DRIVE, 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 ORCHARD DRIVE). 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 ORCHARD DRIVE?

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