26, ESPLANADE, MAYLAND, CHELMSFORD, CM3 6AL - £480,000

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.

26 ESPLANADE is a midsized extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £476,261. It was last sold for £480,000 in November 2023, which was around 14% below the average November 2023 detached price in the Maldon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

26 ESPLANADE Sold Prices

Land registry data shows three sales for 26 ESPLANADE 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. Two of the three 26 ESPLANADE sales were for below the average price, whilst one was for above 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
2023 3 NOV	£480,000	£557,238	14% below HPI
2009 26 JUN	£250,000	£289,817	14% below HPI
1999 24 AUG	£145,000	£126,748	14% above HPI

26 ESPLANADE 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 26 ESPLANADE sales between August 1999 and November 2023 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 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2023 sale, which was also at 14% below the HPI.

What might 26 ESPLANADE be worth now?

26 ESPLANADE might now be worth an estimated £476,261.

This is based on house price deflation of 0.8%, between November 2023 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 0.8% deflationary decrease is applied to the most recent sale price for 26 ESPLANADE of £480,000 on 3rd November 2023. For the value to have decreased from £480,000 to £476,261 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 26 ESPLANADE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 26 ESPLANADE has not materially changed since November 2023.

How Large is 26 ESPLANADE?

26 ESPLANADE is 137m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 26 ESPLANADE lies on this distribution: 52% of detached houses houses are smaller than 26 ESPLANADE, and 47% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

26 ESPLANADE: Plot and Title Map

26 ESPLANADE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 26 ESPLANADE, 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 26 ESPLANADE). 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 26 ESPLANADE?

26 ESPLANADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 26 on ESPLANADE.