7, WORCESTER CLOSE, MAYLAND, CHELMSFORD, CM3 6TD - £375,000

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 WORCESTER CLOSE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £375,000 in November 2019, which was around 22% below the average November 2019 detached price in the Maldon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

7 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 7 WORCESTER CLOSE 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 WORCESTER CLOSE 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
2019 29 NOV	£375,000	£480,223	22% below HPI
2016 15 MAR	£315,000	£405,530	22% below HPI

7 WORCESTER CLOSE 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 WORCESTER CLOSE sales from March 2016 and November 2019 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2019 sale, which was also at 22% below the HPI.

How Large is 7 WORCESTER CLOSE?

7 WORCESTER CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% 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 WORCESTER CLOSE lies on this distribution: 36% of detached houses are smaller than 7 WORCESTER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Mayland.

7 WORCESTER CLOSE: Plot and Title Map

7 WORCESTER CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 WORCESTER CLOSE, 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 WORCESTER CLOSE). 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 WORCESTER CLOSE?

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