3, AVELEY WAY, MALDON, CM9 6YQ - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 AVELEY WAY is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £444,688. It was last sold for £265,000 in June 2013, which was around 21% below the average June 2013 detached price in the Maldon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 AVELEY WAY Sold Prices

Land registry data shows three sales for 3 AVELEY WAY 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 3 AVELEY WAY 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
2013 27 JUN	£265,000	£337,351	21% below HPI
1999 29 OCT	£126,000	£133,510	6% below HPI
1995 3 FEB	£90,000	£94,194	4% below HPI

3 AVELEY WAY 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 3 AVELEY WAY sales between February 1995 and June 2013 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 October 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 AVELEY WAY be worth now?

3 AVELEY WAY might now be worth an estimated £444,688.

This is based on house price inflation of 67.8%, between June 2013 and December 2024, 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 67.8% inflationary increase is applied to the most recent sale price for 3 AVELEY WAY of £265,000 on 27th June 2013. For the value to have increased from £265,000 to £444,688 over the ten years and six months to December 2024, the following assumptions must hold true:

• The value of 3 AVELEY WAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The June 2013 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 AVELEY WAY has not materially changed since June 2013.

How Large is 3 AVELEY WAY?

3 AVELEY WAY is 94m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 3 AVELEY WAY lies on this distribution: 29% of detached houses houses are smaller than 3 AVELEY WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Maldon.

3 AVELEY WAY: Plot and Title Map

3 AVELEY WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 3 AVELEY WAY, 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 3 AVELEY WAY). 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 3 AVELEY WAY?

3 AVELEY WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 3 on AVELEY WAY.