44, TERN CLOSE, MAYLAND, CHELMSFORD, CM3 6TW - £449,995

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

44 TERN CLOSE is a large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £449,995 in September 2021, which was around 14% below the average September 2021 detached price in the Maldon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

44 TERN CLOSE Sold Prices

Land registry data shows two sales for 44 TERN CLOSE 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 44 TERN CLOSE 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 15 SEP	£449,995	£521,381	14% below HPI
2000 4 AUG	£134,000	£156,350	14% below HPI

44 TERN CLOSE 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 44 TERN CLOSE sales from August 2000 and September 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 August 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, which was also at 14% below the HPI.

How Large is 44 TERN CLOSE?

44 TERN CLOSE is 118m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 44 TERN CLOSE lies on this distribution: 61% of detached houses are smaller than 44 TERN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Mayland.

44 TERN CLOSE: Plot and Title Map

44 TERN CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 44 TERN CLOSE, 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 44 TERN CLOSE). 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 44 TERN CLOSE?

44 TERN CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 44 on TERN CLOSE.