40, HERON WAY, MAYLAND, CHELMSFORD, CM3 6TP - £235,000

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

40 HERON WAY is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £235,000 in October 2013, which was around 28% below the average October 2013 detached price in the Maldon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was F, and the potential energy rating was D.

40 HERON WAY Sold Prices

Land registry data shows five sales for 40 HERON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the five 40 HERON WAY 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
2013 24 OCT	£235,000	£327,100	28% below HPI
2007 28 SEP	£245,000	£319,452	23% below HPI
2006 27 JUN	£237,000	£285,880	17% below HPI
2000 29 SEP	£133,500	£160,443	17% below HPI
1998 30 JUN	£98,000	£117,705	17% below HPI

40 HERON WAY 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 five 40 HERON WAY sales between June 1998 and October 2013 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 September 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 HERON WAY?

40 HERON WAY is 111m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 40 HERON WAY lies on this distribution: 45% of detached houses are smaller than 40 HERON WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Mayland.

40 HERON WAY: Plot and Title Map

40 HERON WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 40 HERON WAY, 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 40 HERON WAY). 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 40 HERON WAY?

40 HERON WAY is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 40 on HERON WAY.