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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 RAMSEY CHASE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £372,799. It was last sold for £380,000 in December 2022, which was around 34% 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	£577,032	34% below HPI
2019 28 MAY	£270,000	£486,268	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 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 9 RAMSEY CHASE be worth now?

9 RAMSEY CHASE might now be worth an estimated £372,799.

This is based on house price deflation of 1.9%, between December 2022 and December 2024, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% deflationary decrease is applied to the most recent sale price for 9 RAMSEY CHASE of £380,000 on 21st December 2022. For the value to have decreased from £380,000 to £372,799 over the two years to December 2024, the following assumptions must hold true:

• The value of 9 RAMSEY CHASE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RAMSEY CHASE has not materially changed since December 2022.

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 houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Latchingdon, and where 9 RAMSEY CHASE lies on this distribution: 16% of detached houses houses are smaller than 9 RAMSEY CHASE, and 83% 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.