15, WORCESTER CLOSE, MAYLAND, CHELMSFORD, CM3 6TD - £445,000

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 WORCESTER CLOSE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £445,000 in September 2023, which was around 22% below the average September 2023 detached price in the Maldon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

15 WORCESTER CLOSE Sold Prices

Land registry data shows three sales for 15 WORCESTER CLOSE 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 15 WORCESTER CLOSE 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 22 SEP	£445,000	£574,122	22% below HPI
2016 18 MAR	£300,000	£405,530	26% below HPI
2010 1 JUN	£224,000	£303,998	26% below HPI

15 WORCESTER CLOSE 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 15 WORCESTER CLOSE sales between June 2010 and September 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 March 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 WORCESTER CLOSE?

15 WORCESTER CLOSE is 111m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% 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 WORCESTER CLOSE lies on this distribution: 45% of detached houses are smaller than 15 WORCESTER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Mayland.

15 WORCESTER CLOSE: Plot and Title Map

15 WORCESTER CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 15 WORCESTER CLOSE, 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 WORCESTER CLOSE). 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 WORCESTER CLOSE?

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