7, PRINCES AVENUE, MAYLAND, CHELMSFORD, CM3 6BA - £499,995

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 PRINCES AVENUE is a very large detached house of 250m², built sometime between 2003 and 2006, which could now be worth an estimated £684,884. It was last sold for £499,995 in February 2016, which was around 24% above the average February 2016 detached price in the Maldon local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

7 PRINCES AVENUE Sold Prices

Land registry data shows two sales for 7 PRINCES AVENUE 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 PRINCES AVENUE sales were for above 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 18 FEB	£499,995	£403,639	24% above HPI
2013 4 OCT	£385,000	£331,225	16% above HPI

7 PRINCES 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 two 7 PRINCES AVENUE sales from October 2013 and February 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 October 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2016 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 7 PRINCES AVENUE be worth now?

7 PRINCES AVENUE might now be worth an estimated £684,884.

This is based on house price inflation of 37%, between February 2016 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 37% inflationary increase is applied to the most recent sale price for 7 PRINCES AVENUE of £499,995 on 18th February 2016. For the value to have increased from £499,995 to £684,884 over the nine years to February 2025, the following assumptions must hold true:

• The value of 7 PRINCES AVENUE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The February 2016 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of 7 PRINCES AVENUE has not materially changed since February 2016.

How Large is 7 PRINCES AVENUE?

7 PRINCES AVENUE is 250m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mayland, and where 7 PRINCES AVENUE lies on this distribution: 99% of detached houses houses are smaller than 7 PRINCES AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in Mayland.

7 PRINCES AVENUE: Plot and Title Map

7 PRINCES AVENUE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 7 PRINCES 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 7 PRINCES 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 7 PRINCES AVENUE?

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