42, THE DRIVE, MAYLAND, CHELMSFORD, CM3 6AA - £349,995

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

42 THE DRIVE is a very small semi-detached house of 89m², built sometime between 1976 and 1982. It was last sold for £349,995 in August 2016, which was around 19% below the average August 2016 detached price in the Maldon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

42 THE DRIVE Sold Prices

Land registry data shows two sales for 42 THE 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. Both of the two 42 THE DRIVE 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
2016 12 AUG	£349,995	£433,227	19% below HPI
1999 17 AUG	£5,000	£125,169	96% below HPI

42 THE 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 THE DRIVE sales from August 1999 and August 2016 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 August 1999 sale was for 96% below the HPI. So the extrapolation line tracks at 96% below the HPI over time, until the August 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 42 THE DRIVE?

42 THE DRIVE is 89m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 42 THE DRIVE lies on this distribution: 14% of detached houses are smaller than 42 THE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Mayland.

42 THE DRIVE: Plot and Title Map

42 THE DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 42 THE 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 THE 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 THE DRIVE?

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