WINDFALL, STEEPLE ROAD, LATCHINGDON, CHELMSFORD, CM3 6JX - £270,000

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

WINDFALL is a very large detached house of 200m², built sometime between 1950 and 1966. It was last sold for £270,000 in November 2005, which was around 6% below the average November 2005 detached price in the Maldon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

WINDFALL Sold Prices

Land registry data shows two sales for WINDFALL 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 WINDFALL 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
2005 28 NOV	£270,000	£286,737	6% below HPI
1998 22 MAY	£62,500	£115,163	46% below HPI

WINDFALL 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 WINDFALL sales from May 1998 and November 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 May 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2005 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is WINDFALL?

WINDFALL is 200m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Latchingdon, and where WINDFALL lies on this distribution: 82% of detached houses are smaller than WINDFALL, and 17% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

WINDFALL: Plot and Title Map

WINDFALL sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of WINDFALL, 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 WINDFALL). 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 WINDFALL?

WINDFALL is located on STEEPLE ROAD in LATCHINGDON, in the CM3 postcode district. The below map shows the position of WINDFALL on STEEPLE ROAD.