3, THE COURTYARD, MAYLAND, CHELMSFORD, CM3 6GF - £365,000

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.

3 THE COURTYARD is a large extended detached house of 165m², built sometime between 2003 and 2006, which could now be worth an estimated £510,005. It was last sold for £365,000 in December 2015, which was around 8% below the average December 2015 detached price in the Maldon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

3 THE COURTYARD Sold Prices

Land registry data shows three sales for 3 THE COURTYARD 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. The three 3 THE COURTYARD sales were a mix of below the average price, roughly equal to the average price, and 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
2015 21 DEC	£365,000	£398,423	8% below HPI
2010 1 DEC	£310,000	£309,729	Close to HPI
2007 18 OCT	£345,000	£334,959	3% above HPI

3 THE COURTYARD 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 THE COURTYARD sales between October 2007 and December 2015 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 December 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 THE COURTYARD be worth now?

3 THE COURTYARD might now be worth an estimated £510,005.

This is based on house price inflation of 39.7%, between December 2015 and March 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 39.7% inflationary increase is applied to the most recent sale price for 3 THE COURTYARD of £365,000 on 21st December 2015. For the value to have increased from £365,000 to £510,005 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 3 THE COURTYARD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE COURTYARD has not materially changed since December 2015.

How Large is 3 THE COURTYARD?

3 THE COURTYARD is 165m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% 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 3 THE COURTYARD lies on this distribution: 72% of detached houses houses are smaller than 3 THE COURTYARD, and 27% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

3 THE COURTYARD: Plot and Title Map

3 THE COURTYARD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 THE COURTYARD, 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 THE COURTYARD). 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 THE COURTYARD?

3 THE COURTYARD is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 3 on THE COURTYARD.