4, MALTESE ROAD, CHELMSFORD, CM1 2PA - £525,000

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

4 MALTESE ROAD is a small extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £525,000 in February 2021, which was around 13% below the average February 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was F, and the potential energy rating was D.

4 MALTESE ROAD Sold Prices

Land registry data shows three sales for 4 MALTESE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 4 MALTESE ROAD 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
2021 5 FEB	£525,000	£603,114	13% below HPI
2004 15 NOV	£265,000	£330,390	20% below HPI
2003 27 FEB	£233,500	£284,764	18% below HPI

4 MALTESE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 4 MALTESE ROAD sales between February 2003 and February 2021 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 November 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 MALTESE ROAD?

4 MALTESE ROAD is 102m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 4 MALTESE ROAD lies on this distribution: 32% of detached houses are smaller than 4 MALTESE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 MALTESE ROAD: Plot and Title Map

4 MALTESE ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 4 MALTESE ROAD, 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 4 MALTESE ROAD). 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 4 MALTESE ROAD?

4 MALTESE ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 4 on MALTESE ROAD.