8, DERBY CLOSE, MAYLAND, CHELMSFORD, CM3 6TB - £159,950

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 DERBY CLOSE is a midsized extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £159,950 in August 2002, which was around 26% below the average August 2002 detached price in the Maldon local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

8 DERBY CLOSE Sold Prices

Land registry data shows two sales for 8 DERBY 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 8 DERBY 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
2002 2 AUG	£159,950	£215,406	26% below HPI
1996 23 AUG	£70,500	£95,292	26% below HPI

8 DERBY 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 8 DERBY CLOSE sales from August 1996 and August 2002 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 August 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2002 sale, which was also at 26% below the HPI.

How Large is 8 DERBY CLOSE?

8 DERBY CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 8 DERBY CLOSE lies on this distribution: 42% of detached houses are smaller than 8 DERBY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Mayland.

8 DERBY CLOSE: Plot and Title Map

8 DERBY CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 DERBY 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 8 DERBY 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 8 DERBY CLOSE?

8 DERBY CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 8 on DERBY CLOSE.