16, HERON WAY, MAYLAND, CHELMSFORD, CM3 6TP - £245,000

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 HERON WAY is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £245,000 in July 2015, which was around 36% below the average July 2015 detached price in the Maldon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

16 HERON WAY Sold Prices

Land registry data shows three sales for 16 HERON WAY 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 HERON WAY 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 24 JUL	£245,000	£383,363	36% below HPI
2006 5 MAY	£210,000	£282,359	26% below HPI
1995 27 FEB	£74,000	£93,021	20% below HPI

16 HERON WAY 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 HERON WAY sales between February 1995 and July 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 May 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 HERON WAY?

16 HERON WAY is 103m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 16 HERON WAY lies on this distribution: 31% of detached houses are smaller than 16 HERON WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Mayland.

16 HERON WAY: Plot and Title Map

16 HERON WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 16 HERON WAY, 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 HERON WAY). 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 HERON WAY?

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