46, DRAKE AVENUE, MAYLAND, CHELMSFORD, CM3 6TY - £232,000

46 DRAKE AVENUE is a small detached house of 104m², built sometime between 1991 and 1995. It was last sold for £232,000 in February 2014, which was around 31% below the average February 2014 detached price in the Maldon local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

46 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 46 DRAKE 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 46 DRAKE 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
2014 14 FEB	£232,000	£334,629	31% below HPI
1999 31 MAR	£89,000	£115,247	23% below HPI
1998 30 JAN	£73,000	£115,323	37% below HPI

46 DRAKE 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 46 DRAKE AVENUE sales between January 1998 and February 2014 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 March 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 46 DRAKE AVENUE?

46 DRAKE AVENUE is 104m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 46 DRAKE AVENUE lies on this distribution: 33% of detached houses are smaller than 46 DRAKE AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Mayland.

46 DRAKE AVENUE: Plot and Title Map

46 DRAKE AVENUE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 46 DRAKE 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 46 DRAKE 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 46 DRAKE AVENUE?

46 DRAKE AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 46 on DRAKE AVENUE.