FOUR SEASONS, SUMMERHILL, ALTHORNE, CHELMSFORD, CM3 6BY - £502,500

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

FOUR SEASONS is a large detached house of 159m², built sometime between 1996 and 2002. It was last sold for £502,500 in November 2018, which was around 5% above the average November 2018 detached price in the Maldon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

FOUR SEASONS Sold Prices

Land registry data shows two sales for FOUR SEASONS 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 FOUR SEASONS 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
2018 26 NOV	£502,500	£477,851	5% above HPI
2009 27 AUG	£395,000	£281,563	40% above HPI

FOUR SEASONS 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 FOUR SEASONS sales from August 2009 and November 2018 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 August 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is FOUR SEASONS?

FOUR SEASONS is 159m² according to the EPC inspection conducted in October 2016. 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 FOUR SEASONS lies on this distribution: 73% of detached houses are smaller than FOUR SEASONS, and 27% of houses are larger. Note that EPC data is not available for all properties in Althorne.

FOUR SEASONS: Plot and Title Map

FOUR SEASONS sits on a plot of roughly 0.339 of an acre, or 1,374m². The below map shows the location of FOUR SEASONS, 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 FOUR SEASONS). 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 FOUR SEASONS?

FOUR SEASONS is located on SUMMERHILL in ALTHORNE, in the CM3 postcode district. The below map shows the position of FOUR SEASONS on SUMMERHILL.