54, THE STREET, LATCHINGDON, CHELMSFORD, CM3 6JR - £115,000

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

54 THE STREET is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £115,000 in February 2002, which was around 38% below the average February 2002 detached price in the Maldon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

54 THE STREET Sold Prices

Land registry data shows three sales for 54 THE STREET 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 54 THE STREET 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
2002 14 FEB	£115,000	£186,862	38% below HPI
1999 29 OCT	£81,500	£131,847	38% below HPI
1996 12 APR	£55,000	£90,314	39% below HPI

54 THE STREET 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 54 THE STREET sales between April 1996 and February 2002 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 October 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2002 sale, which was also at 38% below the HPI.

How Large is 54 THE STREET?

54 THE STREET is 57m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where 54 THE STREET lies on this distribution: Less than 1% of detached houses are smaller than 54 THE STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

54 THE STREET: Plot and Title Map

54 THE STREET sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 54 THE STREET, 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 54 THE STREET). 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 54 THE STREET?

54 THE STREET is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 54 on THE STREET.