2, THORNHILL, PURLEIGH, CHELMSFORD, CM3 6PQ - £377,500

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 THORNHILL is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £425,485. It was last sold for £377,500 in March 2019, which was around 23% below the average March 2019 detached price in the Maldon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 THORNHILL Sold Prices

Land registry data shows four sales for 2 THORNHILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 2 THORNHILL 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
2019 22 MAR	£377,500	£490,543	23% below HPI
2014 16 MAY	£305,000	£335,755	9% below HPI
2007 11 APR	£265,000	£310,113	15% below HPI
2004 8 OCT	£218,000	£287,012	24% below HPI

2 THORNHILL 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 four 2 THORNHILL sales between October 2004 and March 2019 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 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 THORNHILL be worth now?

2 THORNHILL might now be worth an estimated £425,485.

This is based on house price inflation of 12.7%, between March 2019 and February 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 12.7% inflationary increase is applied to the most recent sale price for 2 THORNHILL of £377,500 on 22nd March 2019. For the value to have increased from £377,500 to £425,485 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 THORNHILL has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2019 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THORNHILL has not materially changed since March 2019.

How Large is 2 THORNHILL?

2 THORNHILL is 90m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Purleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purleigh, and where 2 THORNHILL lies on this distribution: 12% of detached houses houses are smaller than 2 THORNHILL, and 85% of houses are larger. Note that EPC data is not available for all properties in Purleigh.

2 THORNHILL: Plot and Title Map

2 THORNHILL sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 THORNHILL, 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 THORNHILL). 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 THORNHILL?

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