6, PROMENADE, MAYLAND, CHELMSFORD, CM3 6AR - £399,995

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

6 PROMENADE is a small detached house of 104m², built sometime between 1976 and 1982. It was last sold for £399,995 in July 2016, which was around 5% below the average July 2016 detached price in the Maldon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

6 PROMENADE Sold Prices

Land registry data shows three sales for 6 PROMENADE 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 6 PROMENADE 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 7 JUL	£399,995	£419,292	5% below HPI
2011 21 APR	£248,500	£314,602	21% below HPI
2002 31 JUL	£187,500	£208,382	10% below HPI

6 PROMENADE 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 6 PROMENADE sales between July 2002 and July 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 April 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 6 PROMENADE?

6 PROMENADE is 104m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 6 PROMENADE lies on this distribution: 26% of detached houses are smaller than 6 PROMENADE, and 74% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

6 PROMENADE: Plot and Title Map

6 PROMENADE sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of 6 PROMENADE, 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 6 PROMENADE). 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 6 PROMENADE?

6 PROMENADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 6 on PROMENADE.