LAMBOURNE, KELVEDON ROAD, LITTLE BRAXTED, WITHAM, CM8 3LE - £850,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LAMBOURNE is a small extended detached house of 207m², built sometime between 1967 and 1975. It was last sold for £850,000 in July 2018, which was around 73% above the average July 2018 detached price in the Maldon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

LAMBOURNE Sold Prices

Land registry data shows two sales for LAMBOURNE 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 LAMBOURNE 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 18 JUL	£850,000	£490,639	73% above HPI
2002 18 OCT	£410,000	£228,697	79% above HPI

LAMBOURNE 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 LAMBOURNE sales from October 2002 and July 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 October 2002 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2018 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is LAMBOURNE?

LAMBOURNE is 207m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Beacon Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Beacon Hill, and where LAMBOURNE lies on this distribution: 31% of detached houses are smaller than LAMBOURNE, and 69% of houses are larger. Note that EPC data is not available for all properties in Beacon Hill.

LAMBOURNE: Plot and Title Map

LAMBOURNE sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of LAMBOURNE, 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 LAMBOURNE). 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 LAMBOURNE?

LAMBOURNE is located on KELVEDON ROAD in LITTLE BRAXTED, in the CM8 postcode district. The below map shows the position of LAMBOURNE on KELVEDON ROAD.