TAGGIA, SUMMERHILL, ALTHORNE, CHELMSFORD, CM3 6BY - £285,000

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

TAGGIA is a small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £392,890. It was last sold for £285,000 in March 2016, which was around 31% below the average March 2016 detached price in the Maldon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

TAGGIA Sold Prices

Land registry data shows two sales for TAGGIA 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 TAGGIA 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
2016 4 MAR	£285,000	£410,644	31% below HPI
2002 8 AUG	£155,000	£218,122	29% below HPI

TAGGIA 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 TAGGIA sales from August 2002 and March 2016 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might TAGGIA be worth now?

TAGGIA might now be worth an estimated £392,890.

This is based on house price inflation of 37.9%, between March 2016 and December 2024, 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 37.9% inflationary increase is applied to the most recent sale price for TAGGIA of £285,000 on 4th March 2016. For the value to have increased from £285,000 to £392,890 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of TAGGIA has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of TAGGIA has not materially changed since March 2016.

How Large is TAGGIA?

TAGGIA is 84m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Althorne, and where TAGGIA lies on this distribution: 32% of detached houses houses are smaller than TAGGIA, and 68% of houses are larger. Note that EPC data is not available for all properties in Althorne.

TAGGIA: Plot and Title Map

TAGGIA sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of TAGGIA, 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 TAGGIA). 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 TAGGIA?

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