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 WEMBLEY AVENUE is a very large detached house of 143m², built sometime between 1950 and 1966. It was last sold for £400,000 in January 2020, which was around 17% below the average January 2020 detached price in the Maldon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 9 WEMBLEY AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 9 WEMBLEY AVENUE 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 17 JAN | £400,000 | £483,765 | 17% below HPI |
2015 29 MAY | £295,000 | £384,550 | 23% below HPI |
2013 29 OCT | £190,000 | £327,100 | 42% below HPI |
1998 7 OCT | £95,000 | £114,331 | 17% below HPI |
The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The four 9 WEMBLEY AVENUE sales between October 1998 and January 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 May 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
9 WEMBLEY AVENUE is 143m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 9 WEMBLEY AVENUE lies on this distribution: 86% of detached houses are smaller than 9 WEMBLEY AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Mayland.
9 WEMBLEY AVENUE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 9 WEMBLEY AVENUE, 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 WEMBLEY AVENUE). 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.
9 WEMBLEY AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 9 on WEMBLEY AVENUE.