8, MEADOW WAY, LATCHINGDON, CHELMSFORD, CM3 6LH - £322,500

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 MEADOW WAY is a small extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £322,500 in March 2020, which was around 32% below the average March 2020 detached price in the Maldon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 MEADOW WAY Sold Prices

Land registry data shows two sales for 8 MEADOW 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 MEADOW 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
2020 5 MAR	£322,500	£473,808	32% below HPI
2001 30 JUL	£129,000	£172,596	25% below HPI

8 MEADOW 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 MEADOW WAY sales from July 2001 and March 2020 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 July 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 MEADOW WAY?

8 MEADOW WAY is 106m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where 8 MEADOW WAY lies on this distribution: 38% of detached houses are smaller than 8 MEADOW WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

8 MEADOW WAY: Plot and Title Map

8 MEADOW WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 MEADOW 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 MEADOW 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 MEADOW WAY?

8 MEADOW WAY is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 8 on MEADOW WAY.