3, OAKWOOD COURT, ALTHORNE, CHELMSFORD, CM3 6DW - £218,000

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

3 OAKWOOD COURT is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £218,000 in November 2005, which was around 24% below the average November 2005 detached price in the Maldon local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

3 OAKWOOD COURT Sold Prices

Land registry data shows two sales for 3 OAKWOOD COURT 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 3 OAKWOOD COURT 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
2005 21 NOV	£218,000	£286,737	24% below HPI
1997 8 SEP	£85,000	£108,479	22% below HPI

3 OAKWOOD COURT 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 3 OAKWOOD COURT sales from September 1997 and November 2005 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 September 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2005 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 OAKWOOD COURT?

3 OAKWOOD COURT is 65m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 3 OAKWOOD COURT lies on this distribution: 6% of detached houses are smaller than 3 OAKWOOD COURT, and 94% of houses are larger. Note that EPC data is not available for all properties in Althorne.

3 OAKWOOD COURT: Plot and Title Map

3 OAKWOOD COURT sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 OAKWOOD COURT, 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 OAKWOOD COURT). 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 OAKWOOD COURT?

3 OAKWOOD COURT is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 3 on OAKWOOD COURT.