16, DERBY CLOSE, MAYLAND, CHELMSFORD, CM3 6TB - £250,000

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

16 DERBY CLOSE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £250,000 in November 2015, which was around 37% below the average November 2015 detached price in the Maldon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

16 DERBY CLOSE Sold Prices

Land registry data shows three sales for 16 DERBY 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 16 DERBY 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
2015 26 NOV	£250,000	£393,837	37% below HPI
1999 24 JUN	£85,000	£119,072	29% below HPI
1995 28 APR	£73,000	£91,360	20% below HPI

16 DERBY 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 16 DERBY CLOSE sales between April 1995 and November 2015 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 June 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 DERBY CLOSE?

16 DERBY CLOSE is 100m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 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 16 DERBY CLOSE lies on this distribution: 27% of detached houses are smaller than 16 DERBY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Mayland.

16 DERBY CLOSE: Plot and Title Map

16 DERBY CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 16 DERBY 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 16 DERBY 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 16 DERBY CLOSE?

16 DERBY CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 16 on DERBY CLOSE.