72, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EJ - £245,000

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

72 NIPSELLS CHASE is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £245,000 in April 2005, which was around 10% below the average April 2005 detached price in the Maldon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

72 NIPSELLS CHASE Sold Prices

Land registry data shows three sales for 72 NIPSELLS CHASE 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. Two of the three 72 NIPSELLS CHASE sales were for below the average price, whilst one was 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
2005 21 APR	£245,000	£271,793	10% below HPI
2003 18 DEC	£250,000	£263,176	5% below HPI
2002 29 AUG	£229,000	£215,406	6% above HPI

72 NIPSELLS CHASE 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 72 NIPSELLS CHASE sales between August 2002 and April 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2005 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 72 NIPSELLS CHASE?

72 NIPSELLS CHASE is 128m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 72 NIPSELLS CHASE lies on this distribution: 74% of detached houses are smaller than 72 NIPSELLS CHASE, and 25% of houses are larger. Note that EPC data is not available for all properties in Mayland.

72 NIPSELLS CHASE: Plot and Title Map

72 NIPSELLS CHASE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 72 NIPSELLS CHASE, 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 72 NIPSELLS CHASE). 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 72 NIPSELLS CHASE?

72 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 72 on NIPSELLS CHASE.