8, CHICHESTER WAY, MALDON, CM9 6YY - £416,500

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 CHICHESTER WAY is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £416,500 in June 2021, which was around 15% below the average June 2021 detached price in the Maldon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

8 CHICHESTER WAY Sold Prices

Land registry data shows two sales for 8 CHICHESTER WAY 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 8 CHICHESTER WAY 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
2021 21 JUN	£416,500	£491,924	15% below HPI
2007 12 FEB	£250,000	£310,177	19% below HPI

8 CHICHESTER WAY 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 8 CHICHESTER WAY sales from February 2007 and June 2021 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 February 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 CHICHESTER WAY?

8 CHICHESTER WAY is 89m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% 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 CHICHESTER WAY lies on this distribution: 21% of detached houses are smaller than 8 CHICHESTER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Maldon.

8 CHICHESTER WAY: Plot and Title Map

8 CHICHESTER WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 CHICHESTER 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 CHICHESTER 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.

Where is 8 CHICHESTER WAY?

8 CHICHESTER WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 8 on CHICHESTER WAY.