29, PROMENADE, MAYLAND, CHELMSFORD, CM3 6AR - £385,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

29 PROMENADE is a very small semi-detached house of 82m², built sometime between 1976 and 1982. It was last sold for £385,000 in August 2022, which was around 30% below the average August 2022 detached price in the Maldon local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

29 PROMENADE Sold Prices

Land registry data shows two sales for 29 PROMENADE 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 29 PROMENADE 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
2022 8 AUG	£385,000	£553,591	30% below HPI
1996 10 MAY	£59,995	£90,901	34% below HPI

29 PROMENADE 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 29 PROMENADE sales from May 1996 and August 2022 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 May 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 29 PROMENADE?

29 PROMENADE is 82m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 29 PROMENADE lies on this distribution: 12% of detached houses are smaller than 29 PROMENADE, and 87% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

29 PROMENADE: Plot and Title Map

29 PROMENADE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 29 PROMENADE, 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 29 PROMENADE). 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 29 PROMENADE?

29 PROMENADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 29 on PROMENADE.