WHITE GABLES, SUMMERHILL, ALTHORNE, CHELMSFORD, CM3 6BY - £390,000

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

WHITE GABLES is a large extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £390,000 in August 2017, which was around 15% below the average August 2017 detached price in the Maldon local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

WHITE GABLES Sold Prices

Land registry data shows three sales for WHITE GABLES 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 WHITE GABLES 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
2017 8 AUG	£390,000	£459,298	15% below HPI
2007 21 NOV	£264,000	£331,749	20% below HPI
2002 29 JUL	£155,000	£208,382	26% below HPI

WHITE GABLES 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 WHITE GABLES sales between July 2002 and August 2017 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is WHITE GABLES?

WHITE GABLES is 126m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where WHITE GABLES lies on this distribution: 64% of detached houses are smaller than WHITE GABLES, and 35% of houses are larger. Note that EPC data is not available for all properties in Althorne.

WHITE GABLES: Plot and Title Map

WHITE GABLES sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of WHITE GABLES, 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 WHITE GABLES). 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 WHITE GABLES?

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