7, TEAL AVENUE, MAYLAND, CHELMSFORD, CM3 6TU - £143,000

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

7 TEAL AVENUE is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £143,000 in June 2001, which was around 17% below the average June 2001 detached price in the Maldon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

7 TEAL AVENUE Sold Prices

Land registry data shows two sales for 7 TEAL 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 TEAL AVENUE 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
2001 28 JUN	£143,000	£171,496	17% below HPI
1999 24 SEP	£106,500	£129,637	18% below HPI

7 TEAL 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 TEAL AVENUE sales from September 1999 and June 2001 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 September 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2001 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 TEAL AVENUE?

7 TEAL AVENUE is 87m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 7 TEAL AVENUE lies on this distribution: 13% of detached houses are smaller than 7 TEAL AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Mayland.

7 TEAL AVENUE: Plot and Title Map

7 TEAL AVENUE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 7 TEAL 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 TEAL 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 TEAL AVENUE?

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