STANLEY BANK, SUMMERHILL, ALTHORNE, CHELMSFORD, CM3 6BY - £850,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STANLEY BANK is a very large semi-detached house of 302m², built sometime between 2007 and 2011, which could now be worth an estimated £891,135. It was last sold for £850,000 in July 2022, which was around 154% above the average July 2022 semi-detached price in the Maldon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

STANLEY BANK Sold Prices

Land registry data shows three sales for STANLEY BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the three STANLEY BANK 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
2022 15 JUL	£850,000	£335,146	154% above HPI
2015 12 JUN	£615,000	£239,220	157% above HPI
2007 14 MAY	£430,000	£191,210	125% above HPI

STANLEY BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The three STANLEY BANK sales between May 2007 and July 2022 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 2015 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the July 2022 sale, where it falls to 154% above the HPI. The line then continues to track at 154% above the HPI.

What might STANLEY BANK be worth now?

STANLEY BANK might now be worth an estimated £891,135.

This is based on house price inflation of 4.8%, between July 2022 and December 2024, for semi-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 4.8% inflationary increase is applied to the most recent sale price for STANLEY BANK of £850,000 on 15th July 2022. For the value to have increased from £850,000 to £891,135 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of STANLEY BANK has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The July 2022 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of STANLEY BANK has not materially changed since July 2022.

How Large is STANLEY BANK?

STANLEY BANK is 302m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of semi-detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Althorne, and where STANLEY BANK lies on this distribution: 95% of semi-detached houses houses are smaller than STANLEY BANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Althorne.

STANLEY BANK: Plot and Title Map

STANLEY BANK sits on a plot of roughly 0.518 of an acre, or 2,098m². The below map shows the location of STANLEY BANK, 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 STANLEY BANK). 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 STANLEY BANK?

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