THERESA, MALDON ROAD, MARGARETTING, INGATESTONE, CM4 9JF - £717,500

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

THERESA is a midsized extended detached house of 153m², built sometime between 1900 and 1929. It was last sold for £717,500 in March 2018, which was around 25% above the average March 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

THERESA Sold Prices

Land registry data shows two sales for THERESA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two THERESA 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
2018 8 MAR	£717,500	£573,026	25% above HPI
2007 5 NOV	£442,500	£387,875	14% above HPI

THERESA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two THERESA sales from November 2007 and March 2018 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 November 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THERESA?

THERESA is 153m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses by size in Margaretting, and where THERESA lies on this distribution: 46% of detached houses are smaller than THERESA, and 54% of houses are larger. Note that EPC data is not available for all properties in Margaretting.

THERESA: Plot and Title Map

THERESA sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of THERESA, 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 THERESA). 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 THERESA?

THERESA is located on MALDON ROAD in MARGARETTING, in the CM4 postcode district. The below map shows the position of THERESA on MALDON ROAD.