22, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EH - £400,000

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

22 NIPSELLS CHASE is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £400,000 in October 2018, which was around 16% below the average October 2018 detached price in the Maldon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

22 NIPSELLS CHASE Sold Prices

Land registry data shows two sales for 22 NIPSELLS CHASE 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 22 NIPSELLS CHASE 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
2018 18 OCT	£400,000	£474,905	16% below HPI
2006 31 OCT	£262,500	£296,158	11% below HPI

22 NIPSELLS CHASE 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 22 NIPSELLS CHASE sales from October 2006 and October 2018 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 October 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 22 NIPSELLS CHASE?

22 NIPSELLS CHASE is 129m² according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 22 NIPSELLS CHASE lies on this distribution: 76% of detached houses are smaller than 22 NIPSELLS CHASE, and 24% of houses are larger. Note that EPC data is not available for all properties in Mayland.

22 NIPSELLS CHASE: Plot and Title Map

22 NIPSELLS CHASE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 22 NIPSELLS CHASE, 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 22 NIPSELLS CHASE). 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 22 NIPSELLS CHASE?

22 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 22 on NIPSELLS CHASE.