NEW AUSTRAL HOUSE, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6DP - £509,000

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

NEW AUSTRAL HOUSE is a large detached house of 129m², built sometime between 1950 and 1966. It was last sold for £509,000 in February 2019, which was around 4% above the average February 2019 detached price in the Maldon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

NEW AUSTRAL HOUSE Sold Prices

Land registry data shows two sales for NEW AUSTRAL HOUSE 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. One of the two NEW AUSTRAL HOUSE sales was for above the average price, whilst the other was 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
2019 8 FEB	£509,000	£489,791	4% above HPI
2012 20 JUL	£295,000	£315,470	6% below HPI

NEW AUSTRAL 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 two NEW AUSTRAL HOUSE sales from July 2012 and February 2019 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 July 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is NEW AUSTRAL HOUSE?

NEW AUSTRAL HOUSE is 129m² according to the EPC inspection conducted in March 2022. 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 NEW AUSTRAL HOUSE lies on this distribution: 65% of detached houses are smaller than NEW AUSTRAL HOUSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Althorne.

NEW AUSTRAL HOUSE: Plot and Title Map

NEW AUSTRAL HOUSE sits on a plot of roughly 0.354 of an acre, or 1,431m². The below map shows the location of NEW AUSTRAL 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 NEW AUSTRAL 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 NEW AUSTRAL HOUSE?

NEW AUSTRAL HOUSE is located on BURNHAM ROAD in ALTHORNE, in the CM3 postcode district. The below map shows the position of NEW AUSTRAL HOUSE on BURNHAM ROAD.