YNAMIT, MALDON ROAD, MARGARETTING, INGATESTONE, CM4 9JP - £700,000

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

YNAMIT is a very small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £700,000 in October 2014, which was around 57% above the average October 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2009, where the current energy rating was G, and the potential energy rating was F.

YNAMIT Sold Prices

Land registry data shows two sales for YNAMIT 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 YNAMIT 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
2014 10 OCT	£700,000	£445,843	57% above HPI
2011 7 JUN	£475,000	£371,963	28% above HPI

YNAMIT 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 YNAMIT sales from June 2011 and October 2014 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 June 2011 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2014 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is YNAMIT?

YNAMIT is 94m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses by size in Margaretting, and where YNAMIT lies on this distribution: 16% of detached houses are smaller than YNAMIT, and 84% of houses are larger. Note that EPC data is not available for all properties in Margaretting.

YNAMIT: Plot and Title Map

YNAMIT sits on a plot of roughly 1.5 acres, or 5,972m². The below map shows the location of YNAMIT, 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 YNAMIT). 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 YNAMIT?

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