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

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.

41 PRINCES AVENUE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £438,431. It was last sold for £395,000 in June 2021, which was around 21% below the average June 2021 detached price in the Maldon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

41 PRINCES AVENUE Sold Prices

Land registry data shows three sales for 41 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 41 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
2021 25 JUN	£395,000	£498,127	21% below HPI
2015 6 NOV	£290,000	£398,803	27% below HPI
2009 11 DEC	£205,000	£302,292	32% below HPI

41 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 41 PRINCES AVENUE sales between December 2009 and June 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 41 PRINCES AVENUE be worth now?

41 PRINCES AVENUE might now be worth an estimated £438,431.

This is based on house price inflation of 11%, between June 2021 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 11% inflationary increase is applied to the most recent sale price for 41 PRINCES AVENUE of £395,000 on 25th June 2021. For the value to have increased from £395,000 to £438,431 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 41 PRINCES AVENUE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The June 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PRINCES AVENUE has not materially changed since June 2021.

How Large is 41 PRINCES AVENUE?

41 PRINCES AVENUE is 103m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 41 PRINCES AVENUE lies on this distribution: 30% of detached houses houses are smaller than 41 PRINCES AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Mayland.

41 PRINCES AVENUE: Plot and Title Map

41 PRINCES AVENUE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 41 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 41 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 41 PRINCES AVENUE?

41 PRINCES AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 41 on PRINCES AVENUE.