1A, PROMENADE, MAYLAND, CHELMSFORD, CM3 6AR - £405,000

1A PROMENADE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £405,000 in October 2016, which was around 9% below the average October 2016 detached price in the Maldon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

1A PROMENADE Sold Prices

Land registry data shows three sales for 1A PROMENADE 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. Two of the three 1A PROMENADE sales were for below the average price, whilst one was 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
2016 13 OCT	£405,000	£443,483	9% below HPI
2007 12 JUN	£249,950	£311,096	20% below HPI
1999 2 JUL	£149,000	£121,760	22% above HPI

1A 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 three 1A PROMENADE sales between July 1999 and October 2016 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1A PROMENADE?

1A PROMENADE is 71m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 1A PROMENADE lies on this distribution: 6% of detached houses are smaller than 1A PROMENADE, and 94% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

1A PROMENADE: Plot and Title Map

1A PROMENADE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 1A 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 1A 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 1A PROMENADE?

1A PROMENADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 1A on PROMENADE.