11, DERBY CLOSE, MAYLAND, CHELMSFORD, CM3 6TB - £335,000

11 DERBY CLOSE is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £335,000 in October 2020, which was around 30% below the average October 2020 detached price in the Maldon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

11 DERBY CLOSE Sold Prices

Land registry data shows two sales for 11 DERBY CLOSE 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 11 DERBY CLOSE 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
2020 29 OCT	£335,000	£480,404	30% below HPI
2005 22 AUG	£188,995	£281,572	33% below HPI

11 DERBY CLOSE 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 11 DERBY CLOSE sales from August 2005 and October 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 August 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 11 DERBY CLOSE?

11 DERBY CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 11 DERBY CLOSE lies on this distribution: 24% of detached houses are smaller than 11 DERBY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mayland.

11 DERBY CLOSE: Plot and Title Map

11 DERBY CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 11 DERBY 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 11 DERBY 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 11 DERBY CLOSE?

11 DERBY CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 11 on DERBY CLOSE.