7, MARINE PARADE, MAYLAND, CHELMSFORD, CM3 6AP - £275,000

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.

7 MARINE PARADE is a very large extended detached house of 216m², built sometime between 1967 and 1975, which could now be worth an estimated £491,408. It was last sold for £275,000 in April 2012, which was around 11% below the average April 2012 detached price in the Maldon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was G, and the potential energy rating was F.

7 MARINE PARADE Sold Prices

Land registry data shows two sales for 7 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 7 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
2012 25 APR	£275,000	£309,410	11% below HPI
1995 3 MAR	£88,000	£92,106	4% below HPI

7 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 7 MARINE PARADE sales from March 1995 and April 2012 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 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 MARINE PARADE be worth now?

7 MARINE PARADE might now be worth an estimated £491,408.

This is based on house price inflation of 78.7%, between April 2012 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 78.7% inflationary increase is applied to the most recent sale price for 7 MARINE PARADE of £275,000 on 25th April 2012. For the value to have increased from £275,000 to £491,408 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 7 MARINE PARADE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The April 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARINE PARADE has not materially changed since April 2012.

How Large is 7 MARINE PARADE?

7 MARINE PARADE is 216m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% 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 7 MARINE PARADE lies on this distribution: 92% of detached houses houses are smaller than 7 MARINE PARADE, and 8% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

7 MARINE PARADE: Plot and Title Map

7 MARINE PARADE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 7 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 7 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 7 MARINE PARADE?

7 MARINE PARADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 7 on MARINE PARADE.