10, GREBE CLOSE, MAYLAND, CHELMSFORD, CM3 6TZ - £267,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 GREBE CLOSE is a very small semi-detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £320,073. It was last sold for £267,000 in September 2020, which was around 8% below the average September 2020 semi-detached price in the Maldon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

10 GREBE CLOSE Sold Prices

Land registry data shows four sales for 10 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. two of the four 10 GREBE CLOSE sales were for below the average price, and four 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
2020 23 SEP	£267,000	£290,278	8% below HPI
2014 20 FEB	£195,000	£204,482	5% below HPI
2001 31 AUG	£99,950	£99,184	1% above HPI
1998 8 MAY	£72,500	£66,950	8% above HPI

10 GREBE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The four 10 GREBE CLOSE sales between May 1998 and September 2020 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 10 GREBE CLOSE be worth now?

10 GREBE CLOSE might now be worth an estimated £320,073.

This is based on house price inflation of 19.9%, between September 2020 and May 2026, for semi-detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.9% inflationary increase is applied to the most recent sale price for 10 GREBE CLOSE of £267,000 on 23rd September 2020. For the value to have increased from £267,000 to £320,073 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 10 GREBE CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The September 2020 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GREBE CLOSE has not materially changed since September 2020.

How Large is 10 GREBE CLOSE?

10 GREBE CLOSE is 80m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mayland, and where 10 GREBE CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 10 GREBE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Mayland.

10 GREBE CLOSE: Plot and Title Map

10 GREBE CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 10 GREBE CLOSE, 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 10 GREBE CLOSE). 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 10 GREBE CLOSE?

10 GREBE CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 10 on GREBE CLOSE.