32, TERN CLOSE, MAYLAND, CHELMSFORD, CM3 6TW - £280,000

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

32 TERN CLOSE is a large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £280,000 in September 2006, which was around 6% below the average September 2006 detached price in the Maldon local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

32 TERN CLOSE Sold Prices

Land registry data shows two sales for 32 TERN CLOSE 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. One of the two 32 TERN CLOSE sales was for below the average price, whilst the other was 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
2006 15 SEP	£280,000	£299,198	6% below HPI
1999 28 MAY	£129,995	£117,235	11% above HPI

32 TERN CLOSE 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 32 TERN CLOSE sales from May 1999 and September 2006 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 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2006 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 32 TERN CLOSE?

32 TERN CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 32 TERN CLOSE lies on this distribution: 71% of detached houses are smaller than 32 TERN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Mayland.

32 TERN CLOSE: Plot and Title Map

32 TERN CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 32 TERN CLOSE, 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 32 TERN CLOSE). 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 32 TERN CLOSE?

32 TERN CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 32 on TERN CLOSE.