EMBASSY VILLA, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6BT - £370,000

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

EMBASSY VILLA is a large extended detached house of 185m², built sometime between 1930 and 1949. It was last sold for £370,000 in October 2013, which was around 13% above the average October 2013 detached price in the Maldon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was D.

EMBASSY VILLA Sold Prices

Land registry data shows three sales for EMBASSY VILLA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three EMBASSY VILLA sales were for above 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
2013 23 OCT	£370,000	£327,100	13% above HPI
2008 23 MAY	£420,000	£325,188	29% above HPI
1997 18 MAR	£170,000	£98,172	73% above HPI

EMBASSY VILLA 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 three EMBASSY VILLA sales between March 1997 and October 2013 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 2008 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2013 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is EMBASSY VILLA?

EMBASSY VILLA is 185m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where EMBASSY VILLA lies on this distribution: 79% of detached houses are smaller than EMBASSY VILLA, and 21% of houses are larger. Note that EPC data is not available for all properties in Althorne.

EMBASSY VILLA: Plot and Title Map

EMBASSY VILLA sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of EMBASSY VILLA, 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 EMBASSY VILLA). 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 EMBASSY VILLA?

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