9, RAMSEY CHASE, LATCHINGDON, CHELMSFORD, CM3 6JT - £380,000

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

9 RAMSEY CHASE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £380,000 in December 2022, which was around 33% below the average December 2022 detached price in the Maldon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

9 RAMSEY CHASE Sold Prices

Land registry data shows two sales for 9 RAMSEY CHASE 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 9 RAMSEY CHASE 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
2022 21 DEC	£380,000	£569,846	33% below HPI
2019 28 MAY	£270,000	£480,212	44% below HPI

9 RAMSEY 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 two 9 RAMSEY CHASE sales from May 2019 and December 2022 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 May 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 9 RAMSEY CHASE?

9 RAMSEY CHASE is 80m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where 9 RAMSEY CHASE lies on this distribution: 17% of detached houses are smaller than 9 RAMSEY CHASE, and 82% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

9 RAMSEY CHASE: Plot and Title Map

9 RAMSEY CHASE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 9 RAMSEY 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 9 RAMSEY 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 9 RAMSEY CHASE?

9 RAMSEY CHASE is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 9 on RAMSEY CHASE.