23, DERBY CLOSE, MAYLAND, CHELMSFORD, CM3 6TB - £370,000

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

23 DERBY CLOSE is a very large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £370,000 in October 2016, which was around 17% below the average October 2016 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.

23 DERBY CLOSE Sold Prices

Land registry data shows two sales for 23 DERBY CLOSE 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 23 DERBY CLOSE 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 28 OCT	£370,000	£443,483	17% below HPI
2014 28 JUL	£236,000	£341,672	31% below HPI

23 DERBY CLOSE 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 23 DERBY CLOSE sales from July 2014 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 July 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 DERBY CLOSE?

23 DERBY CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 23 DERBY CLOSE lies on this distribution: 84% of detached houses are smaller than 23 DERBY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Mayland.

23 DERBY CLOSE: Plot and Title Map

23 DERBY CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 23 DERBY CLOSE, 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 23 DERBY CLOSE). 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 23 DERBY CLOSE?

23 DERBY CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 23 on DERBY CLOSE.