263, ESPLANADE, MAYLAND, CHELMSFORD, CM3 6AL - £327,500

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.

263 ESPLANADE is a midsized extended detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £623,893. It was last sold for £327,500 in October 2009, which was around 13% above the average October 2009 detached price in the Maldon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

263 ESPLANADE Sold Prices

Land registry data shows two sales for 263 ESPLANADE 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 263 ESPLANADE sales were 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
2009 1 OCT	£327,500	£290,232	13% above HPI
1999 25 FEB	£135,000	£118,733	14% above HPI

263 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 two 263 ESPLANADE sales from February 1999 and October 2009 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 February 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2009 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 263 ESPLANADE be worth now?

263 ESPLANADE might now be worth an estimated £623,893.

This is based on house price inflation of 90.5%, between October 2009 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 90.5% inflationary increase is applied to the most recent sale price for 263 ESPLANADE of £327,500 on 1st October 2009. For the value to have increased from £327,500 to £623,893 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 263 ESPLANADE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2009 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 263 ESPLANADE has not materially changed since October 2009.

How Large is 263 ESPLANADE?

263 ESPLANADE is 136m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 263 ESPLANADE lies on this distribution: 51% of detached houses houses are smaller than 263 ESPLANADE, and 49% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

263 ESPLANADE: Plot and Title Map

263 ESPLANADE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 263 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 263 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 263 ESPLANADE?

263 ESPLANADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 263 on ESPLANADE.