42, NORTH DRIVE, MAYLAND, CHELMSFORD, CM3 6AG - £950,000

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.

42 NORTH DRIVE is a very large extended detached house of 304m², built sometime between 2003 and 2006, which could now be worth an estimated £929,984. It was last sold for £950,000 in October 2022, which was around 68% above the average October 2022 detached price in the Maldon local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

42 NORTH DRIVE Sold Prices

Land registry data shows two sales for 42 NORTH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two 42 NORTH DRIVE sales was for above the average price, whilst the other was 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 17 OCT	£950,000	£564,797	68% above HPI
2003 25 JUN	£180,000	£249,632	28% below HPI

42 NORTH DRIVE 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 two 42 NORTH DRIVE sales from June 2003 and October 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 42 NORTH DRIVE be worth now?

42 NORTH DRIVE might now be worth an estimated £929,984.

This is based on house price deflation of 2.1%, between October 2022 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 2.1% deflationary decrease is applied to the most recent sale price for 42 NORTH DRIVE of £950,000 on 17th October 2022. For the value to have decreased from £950,000 to £929,984 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 42 NORTH DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2022 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 42 NORTH DRIVE has not materially changed since October 2022.

How Large is 42 NORTH DRIVE?

42 NORTH DRIVE is 304m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maylandsea, and where 42 NORTH DRIVE lies on this distribution: More than 99% of detached houses houses are smaller than 42 NORTH DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

42 NORTH DRIVE: Plot and Title Map

42 NORTH DRIVE sits on a plot of roughly 0.315 of an acre, or 1,274m². The below map shows the location of 42 NORTH DRIVE, 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 42 NORTH DRIVE). 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 42 NORTH DRIVE?

42 NORTH DRIVE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 42 on NORTH DRIVE.