THE ELMS, MALDON ROAD, LATCHINGDON, CHELMSFORD, CM3 6LG - £440,000

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

THE ELMS is a midsized detached house of 139m², built sometime between 1976 and 1982. It was last sold for £440,000 in May 2005, which was around 58% above the average May 2005 detached price in the Maldon local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows three sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three THE ELMS 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
2005 3 MAY	£440,000	£277,606	58% above HPI
2004 11 FEB	£370,000	£273,129	35% above HPI
1997 25 FEB	£147,000	£95,178	54% above HPI

THE ELMS 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 three THE ELMS sales between February 1997 and May 2005 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 February 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2005 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is THE ELMS?

THE ELMS is 139m² according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where THE ELMS lies on this distribution: 57% of detached houses are smaller than THE ELMS, and 43% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

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