BARN COTTAGE, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6BU - £285,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

BARN COTTAGE is a midsized extended semi-detached house of 98m², built sometime between 1900 and 1929. It was last sold for £285,000 in March 2024, which was around 45% below the average March 2024 detached price in the Maldon local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was A.

BARN COTTAGE Sold Prices

Land registry data shows two sales for BARN COTTAGE 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 BARN COTTAGE 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
2024 27 MAR	£285,000	£522,623	45% below HPI
2021 18 FEB	£285,000	£491,892	42% below HPI

BARN COTTAGE 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 BARN COTTAGE sales from February 2021 and March 2024 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 February 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is BARN COTTAGE?

BARN COTTAGE is 98m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where BARN COTTAGE lies on this distribution: 49% of detached houses are smaller than BARN COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Althorne.

BARN COTTAGE: Plot and Title Map

BARN COTTAGE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of BARN COTTAGE, 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 BARN COTTAGE). 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 BARN COTTAGE?

BARN COTTAGE is located on BURNHAM ROAD in ALTHORNE, in the CM3 postcode district. The below map shows the position of BARN COTTAGE on BURNHAM ROAD.