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
8 AVELEY WAY is a very large extended detached house of 151m², built sometime between 1991 and 1995. It was last sold for £385,000 in June 2013, which was around 16% above the average June 2013 detached price in the Maldon local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 AVELEY WAY since 1st 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. One of the two 8 AVELEY WAY sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2013 28 JUN | £385,000 | £333,149 | 16% above HPI |
2006 30 NOV | £295,000 | £299,293 | 1% below HPI |
The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 8 AVELEY WAY sales from November 2006 and June 2013 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 November 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2013 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
8 AVELEY WAY is 151m², which includes four extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 8 AVELEY WAY lies on this distribution: 84% of detached houses are smaller than 8 AVELEY WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Maldon.
8 AVELEY WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 8 AVELEY WAY, 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 8 AVELEY WAY). 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.
8 AVELEY WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 8 on AVELEY WAY.