PARK HOUSE, MALDON ROAD, LATCHINGDON, CHELMSFORD, CM3 6LG - £925,000

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.

PARK HOUSE is a very large detached house of 298m², which could now be worth an estimated £1,059,359. It was last sold for £925,000 in September 2020, which was around 92% above the average September 2020 detached price in the Maldon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was B.

PARK HOUSE Sold Prices

Land registry data shows two sales for PARK 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 PARK 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
2020 11 SEP	£925,000	£482,773	92% above HPI
2014 20 JUN	£187,000	£337,530	45% below HPI

PARK 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 PARK HOUSE sales from June 2014 and September 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 June 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2020 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might PARK HOUSE be worth now?

PARK HOUSE might now be worth an estimated £1,059,359.

This is based on house price inflation of 14.5%, between September 2020 and February 2025, for 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 14.5% inflationary increase is applied to the most recent sale price for PARK HOUSE of £925,000 on 11th September 2020. For the value to have increased from £925,000 to £1,059,359 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of PARK HOUSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The September 2020 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of PARK HOUSE has not materially changed since September 2020.

How Large is PARK HOUSE?

PARK HOUSE is 298m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Latchingdon, and where PARK HOUSE lies on this distribution: 97% of detached houses houses are smaller than PARK HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.219 of an acre, or 887m². The below map shows the location of PARK 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 PARK 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 PARK HOUSE?

PARK HOUSE is located on MALDON ROAD in LATCHINGDON, in the CM3 postcode district. The below map shows the position of PARK HOUSE on MALDON ROAD.