108, THE DRIVE, MAYLAND, CHELMSFORD, CM3 6AB - £375,000

108 THE DRIVE is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £375,000 in March 2021, which was around 23% below the average March 2021 detached price in the Maldon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

108 THE DRIVE Sold Prices

Land registry data shows two sales for 108 THE DRIVE 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 108 THE DRIVE 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
2021 26 MAR	£375,000	£489,655	23% below HPI
2000 14 JAN	£128,000	£135,520	6% below HPI

108 THE DRIVE 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 108 THE DRIVE sales from January 2000 and March 2021 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 January 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 108 THE DRIVE?

108 THE DRIVE is 135m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 108 THE DRIVE lies on this distribution: 80% of detached houses are smaller than 108 THE DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Mayland.

108 THE DRIVE: Plot and Title Map

108 THE DRIVE sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of 108 THE DRIVE, 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 108 THE DRIVE). 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 108 THE DRIVE?

108 THE DRIVE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 108 on THE DRIVE.