33, DRAKE AVENUE, MAYLAND, CHELMSFORD, CM3 6TY - £242,000

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.

33 DRAKE AVENUE is a very small detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £390,678. It was last sold for £242,000 in January 2014, which was around 29% below the average January 2014 detached price in the Maldon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

33 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 33 DRAKE AVENUE 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 33 DRAKE AVENUE 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
2014 31 JAN	£242,000	£342,484	29% below HPI
1996 13 AUG	£86,000	£96,493	11% below HPI

33 DRAKE AVENUE 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 33 DRAKE AVENUE sales from August 1996 and January 2014 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 August 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 33 DRAKE AVENUE be worth now?

33 DRAKE AVENUE might now be worth an estimated £390,678.

This is based on house price inflation of 61.4%, between January 2014 and February 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 61.4% inflationary increase is applied to the most recent sale price for 33 DRAKE AVENUE of £242,000 on 31st January 2014. For the value to have increased from £242,000 to £390,678 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 33 DRAKE AVENUE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The January 2014 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 33 DRAKE AVENUE has not materially changed since January 2014.

How Large is 33 DRAKE AVENUE?

33 DRAKE AVENUE is 89m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayland, and where 33 DRAKE AVENUE lies on this distribution: 14% of detached houses houses are smaller than 33 DRAKE AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Mayland.

33 DRAKE AVENUE: Plot and Title Map

33 DRAKE AVENUE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 33 DRAKE AVENUE, 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 33 DRAKE AVENUE). 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 33 DRAKE AVENUE?

33 DRAKE AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 33 on DRAKE AVENUE.