2, MAYLAND QUAY, MAYLAND, CHELMSFORD, CM3 6GJ - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MAYLAND QUAY is a small detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £494,917. It was last sold for £390,000 in August 2016, which was around 11% below the average August 2016 detached price in the Maldon local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

2 MAYLAND QUAY Sold Prices

Land registry data shows three sales for 2 MAYLAND QUAY 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 2 MAYLAND QUAY 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
2016 26 AUG	£390,000	£438,690	11% below HPI
2010 17 JUN	£275,000	£307,832	11% below HPI
2006 8 JUN	£280,000	£289,485	3% below HPI

2 MAYLAND QUAY 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 2 MAYLAND QUAY sales between June 2006 and August 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 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2016 sale, which was also at 11% below the HPI.

What might 2 MAYLAND QUAY be worth now?

2 MAYLAND QUAY might now be worth an estimated £494,917.

This is based on house price inflation of 26.9%, between August 2016 and March 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.9% inflationary increase is applied to the most recent sale price for 2 MAYLAND QUAY of £390,000 on 26th August 2016. For the value to have increased from £390,000 to £494,917 over the nine years and five months to March 2025, the following assumptions must hold true:

• The value of 2 MAYLAND QUAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYLAND QUAY has not materially changed since August 2016.

How Large is 2 MAYLAND QUAY?

2 MAYLAND QUAY is 117m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maylandsea, and where 2 MAYLAND QUAY lies on this distribution: 34% of detached houses houses are smaller than 2 MAYLAND QUAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

2 MAYLAND QUAY: Plot and Title Map

2 MAYLAND QUAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 MAYLAND QUAY, 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 2 MAYLAND QUAY). 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 2 MAYLAND QUAY?

2 MAYLAND QUAY is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 2 on MAYLAND QUAY.