5A, MARINE PARADE, MAYLAND, CHELMSFORD, CM3 6AP - £465,000

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.

5A MARINE PARADE is a large detached house of 153m², which could now be worth an estimated £528,703. It was last sold for £465,000 in November 2019, which was around 4% below the average November 2019 detached price in the Maldon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.

5A MARINE PARADE Sold Prices

Land registry data shows two sales for 5A MARINE PARADE 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 5A MARINE PARADE 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
2019 29 NOV	£465,000	£486,279	4% below HPI
2010 5 NOV	£250,000	£310,512	19% below HPI

5A MARINE PARADE 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 5A MARINE PARADE sales from November 2010 and November 2019 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 November 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5A MARINE PARADE be worth now?

5A MARINE PARADE might now be worth an estimated £528,703.

This is based on house price inflation of 13.7%, between November 2019 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 13.7% inflationary increase is applied to the most recent sale price for 5A MARINE PARADE of £465,000 on 29th November 2019. For the value to have increased from £465,000 to £528,703 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 5A MARINE PARADE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2019 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 5A MARINE PARADE has not materially changed since November 2019.

How Large is 5A MARINE PARADE?

5A MARINE PARADE is 153m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% 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 5A MARINE PARADE lies on this distribution: 60% of detached houses houses are smaller than 5A MARINE PARADE, and 38% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

5A MARINE PARADE: Plot and Title Map

5A MARINE PARADE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5A MARINE PARADE, 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 5A MARINE PARADE). 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 5A MARINE PARADE?

5A MARINE PARADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 5A on MARINE PARADE.