32, THE DRIVE, MAYLAND, CHELMSFORD, CM3 6AA - £383,000

32 THE DRIVE is a midsized detached house of 115m², built sometime between 1976 and 1982. It was last sold for £383,000 in May 2016, which was around 4% below the average May 2016 detached price in the Maldon local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was C.

32 THE DRIVE Sold Prices

Land registry data shows four sales for 32 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 32 THE DRIVE 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
2016 12 MAY	£383,000	£398,921	4% below HPI
2013 16 JUL	£273,000	£332,955	18% below HPI
2002 19 AUG	£180,000	£215,406	16% below HPI
1997 16 DEC	£92,000	£114,680	20% below HPI

32 THE DRIVE 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 four 32 THE DRIVE sales between December 1997 and May 2016 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 July 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 32 THE DRIVE?

32 THE DRIVE is 115m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% 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 THE DRIVE lies on this distribution: 54% of detached houses are smaller than 32 THE DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Mayland.

32 THE DRIVE: Plot and Title Map

32 THE DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 32 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

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