7, SUMMERDALE, ALTHORNE, CHELMSFORD, CM3 6BS - £247,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 SUMMERDALE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £479,631. It was last sold for £247,500 in January 2005, which was around 15% below the average January 2005 detached price in the Maldon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

7 SUMMERDALE Sold Prices

Land registry data shows three sales for 7 SUMMERDALE 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 7 SUMMERDALE 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
2005 31 JAN	£247,500	£292,119	15% below HPI
2001 10 DEC	£132,000	£182,463	28% below HPI
1999 30 NOV	£114,995	£134,637	15% below HPI

7 SUMMERDALE 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 7 SUMMERDALE sales between November 1999 and January 2005 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 December 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2005 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 SUMMERDALE be worth now?

7 SUMMERDALE might now be worth an estimated £479,631.

This is based on house price inflation of 93.8%, between January 2005 and December 2024, 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 93.8% inflationary increase is applied to the most recent sale price for 7 SUMMERDALE of £247,500 on 31st January 2005. For the value to have increased from £247,500 to £479,631 over the eighteen years and one month to December 2024, the following assumptions must hold true:

• The value of 7 SUMMERDALE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The January 2005 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 7 SUMMERDALE has not materially changed since January 2005.

How Large is 7 SUMMERDALE?

7 SUMMERDALE is 74m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Althorne, and where 7 SUMMERDALE lies on this distribution: 13% of detached houses houses are smaller than 7 SUMMERDALE, and 87% of houses are larger. Note that EPC data is not available for all properties in Althorne.

7 SUMMERDALE: Plot and Title Map

7 SUMMERDALE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 7 SUMMERDALE, 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 SUMMERDALE). 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 SUMMERDALE?

7 SUMMERDALE is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 7 on SUMMERDALE.