35, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EH - £289,950

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

35 NIPSELLS CHASE is a very small extended semi-detached house of 70m², built sometime between 1950 and 1966. It was last sold for £289,950 in September 2015, which was around 26% below the average September 2015 detached price in the Maldon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

35 NIPSELLS CHASE Sold Prices

Land registry data shows three sales for 35 NIPSELLS CHASE 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. All of the three 35 NIPSELLS CHASE 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
2015 23 SEP	£289,950	£393,867	26% below HPI
2005 29 APR	£213,275	£271,793	22% below HPI
1997 8 AUG	£85,500	£106,964	20% below HPI

35 NIPSELLS CHASE 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 35 NIPSELLS CHASE sales between August 1997 and September 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 April 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 35 NIPSELLS CHASE?

35 NIPSELLS CHASE is 70m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 35 NIPSELLS CHASE lies on this distribution: 4% of detached houses are smaller than 35 NIPSELLS CHASE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mayland.

35 NIPSELLS CHASE: Plot and Title Map

35 NIPSELLS CHASE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 35 NIPSELLS CHASE, 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 35 NIPSELLS CHASE). 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 35 NIPSELLS CHASE?

35 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 35 on NIPSELLS CHASE.