18, PROMENADE, MAYLAND, CHELMSFORD, CM3 6AR - £265,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 PROMENADE is a large detached house of 171m², built sometime between 1983 and 1990. It was last sold for £265,000 in October 2002, which was around 16% above the average October 2002 detached price in the Maldon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

18 PROMENADE Sold Prices

Land registry data shows two sales for 18 PROMENADE 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 18 PROMENADE sales were for above 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
2002 17 OCT	£265,000	£228,697	16% above HPI
1997 31 JAN	£105,000	£95,603	10% above HPI

18 PROMENADE 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 18 PROMENADE sales from January 1997 and October 2002 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 January 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2002 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 18 PROMENADE?

18 PROMENADE is 171m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 18 PROMENADE lies on this distribution: 74% of detached houses are smaller than 18 PROMENADE, and 26% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

18 PROMENADE: Plot and Title Map

18 PROMENADE sits on a plot of roughly 0.274 of an acre, or 1,108m². The below map shows the location of 18 PROMENADE, 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 18 PROMENADE). 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 18 PROMENADE?

18 PROMENADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 18 on PROMENADE.