HORSESHOE LODGE, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6DP - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HORSESHOE LODGE is a large semi-detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £411,012. It was last sold for £350,000 in October 2020, which was around 20% above the average October 2020 semi-detached price in the Maldon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

HORSESHOE LODGE Sold Prices

Land registry data shows three sales for HORSESHOE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the three HORSESHOE LODGE 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
2020 29 OCT	£350,000	£291,356	20% above HPI
1998 31 MAR	£73,500	£65,476	12% above HPI
1996 8 MAR	£69,000	£54,264	27% above HPI

HORSESHOE LODGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The three HORSESHOE LODGE sales between March 1996 and October 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 March 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might HORSESHOE LODGE be worth now?

HORSESHOE LODGE might now be worth an estimated £411,012.

This is based on house price inflation of 17.4%, between October 2020 and February 2025, for semi-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 17.4% inflationary increase is applied to the most recent sale price for HORSESHOE LODGE of £350,000 on 29th October 2020. For the value to have increased from £350,000 to £411,012 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of HORSESHOE LODGE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of HORSESHOE LODGE has not materially changed since October 2020.

How Large is HORSESHOE LODGE?

HORSESHOE LODGE is 118m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of semi-detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Althorne, and where HORSESHOE LODGE lies on this distribution: 61% of semi-detached houses houses are smaller than HORSESHOE LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Althorne.

HORSESHOE LODGE: Plot and Title Map

HORSESHOE LODGE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of HORSESHOE LODGE, 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 HORSESHOE LODGE). 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 HORSESHOE LODGE?

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