38, PRINCES AVENUE, MAYLAND, CHELMSFORD, CM3 6BA - £395,000

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

38 PRINCES AVENUE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £395,000 in March 2022, which was around 27% below the average March 2022 detached price in the Maldon local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

38 PRINCES AVENUE Sold Prices

Land registry data shows three sales for 38 PRINCES AVENUE 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 38 PRINCES 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
2022 21 MAR	£395,000	£537,569	27% below HPI
2006 27 JUN	£222,000	£285,880	22% below HPI
2001 3 AUG	£128,000	£174,713	27% below HPI

38 PRINCES 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 three 38 PRINCES AVENUE sales between August 2001 and March 2022 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 June 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 PRINCES AVENUE?

38 PRINCES AVENUE is 71m² according to the EPC inspection conducted in October 2021. 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 38 PRINCES AVENUE lies on this distribution: 4% of detached houses are smaller than 38 PRINCES AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mayland.

38 PRINCES AVENUE: Plot and Title Map

38 PRINCES AVENUE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 38 PRINCES 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 38 PRINCES 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 38 PRINCES AVENUE?

38 PRINCES AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 38 on PRINCES AVENUE.