24, TEAL AVENUE, MAYLAND, CHELMSFORD, CM3 6TU - £417,500

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

24 TEAL AVENUE is a very large detached house of 137m², built sometime between 1991 and 1995. It was last sold for £417,500 in June 2021, which was around 15% below the average June 2021 detached price in the Maldon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

24 TEAL AVENUE Sold Prices

Land registry data shows three sales for 24 TEAL AVENUE 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 24 TEAL AVENUE 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
2021 30 JUN	£417,500	£491,924	15% below HPI
2015 9 DEC	£330,000	£393,461	16% below HPI
2000 2 AUG	£131,400	£156,350	16% below HPI

24 TEAL AVENUE 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 24 TEAL AVENUE sales between August 2000 and June 2021 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 December 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 24 TEAL AVENUE?

24 TEAL AVENUE is 137m² according to the EPC inspection conducted in March 2016. 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 24 TEAL AVENUE lies on this distribution: 81% of detached houses are smaller than 24 TEAL AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Mayland.

24 TEAL AVENUE: Plot and Title Map

24 TEAL AVENUE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 24 TEAL AVENUE, 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 24 TEAL AVENUE). 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 24 TEAL AVENUE?

24 TEAL AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 24 on TEAL AVENUE.