LONGWOOD, SUMMERHILL, ALTHORNE, CHELMSFORD, CM3 6BY - £320,000

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

LONGWOOD is a midsized extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £320,000 in April 2015, which was around 17% below the average April 2015 detached price in the Maldon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

LONGWOOD Sold Prices

Land registry data shows two sales for LONGWOOD 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 LONGWOOD sales were for below 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
2015 24 APR	£320,000	£386,067	17% below HPI
2007 21 AUG	£240,000	£318,714	25% below HPI

LONGWOOD 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 LONGWOOD sales from August 2007 and April 2015 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is LONGWOOD?

LONGWOOD is 96m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where LONGWOOD lies on this distribution: 48% of detached houses are smaller than LONGWOOD, and 52% of houses are larger. Note that EPC data is not available for all properties in Althorne.

LONGWOOD: Plot and Title Map

LONGWOOD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of LONGWOOD, 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 LONGWOOD). 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 LONGWOOD?

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