KINSMERE HOUSE, SUMMERHILL, ALTHORNE, CHELMSFORD, CM3 6BY - £247,000

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

KINSMERE HOUSE is a large extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £247,000 in August 2012, which was around 22% below the average August 2012 detached price in the Maldon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

KINSMERE HOUSE Sold Prices

Land registry data shows three sales for KINSMERE HOUSE 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. Two of the three KINSMERE HOUSE sales were for below the average price, whilst one was 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
2012 1 AUG	£247,000	£314,932	22% below HPI
1997 7 NOV	£125,000	£113,759	10% above HPI
1995 15 JUN	£68,000	£91,284	26% below HPI

KINSMERE HOUSE 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 KINSMERE HOUSE sales between June 1995 and August 2012 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 November 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2012 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is KINSMERE HOUSE?

KINSMERE HOUSE is 134m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where KINSMERE HOUSE lies on this distribution: 69% of detached houses are smaller than KINSMERE HOUSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Althorne.

KINSMERE HOUSE: Plot and Title Map

KINSMERE HOUSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of KINSMERE HOUSE, 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 KINSMERE HOUSE). 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 KINSMERE HOUSE?

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