15, TEAL AVENUE, MAYLAND, CHELMSFORD, CM3 6TU - £228,500

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.

15 TEAL AVENUE is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £273,361. It was last sold for £228,500 in August 2018, which was around 2% below the average August 2018 terraced price in the Maldon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

15 TEAL AVENUE Sold Prices

Land registry data shows two sales for 15 TEAL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. Both of the two 15 TEAL AVENUE 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
2018 30 AUG	£228,500	£232,848	2% below HPI
2014 21 FEB	£145,000	£163,368	11% below HPI

15 TEAL AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maldon local authority area over time, sourced from the HPI. The two 15 TEAL AVENUE sales from February 2014 and August 2018 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 15 TEAL AVENUE be worth now?

15 TEAL AVENUE might now be worth an estimated £273,361.

This is based on house price inflation of 19.6%, between August 2018 and July 2025, for terraced 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 19.6% inflationary increase is applied to the most recent sale price for 15 TEAL AVENUE of £228,500 on 30th August 2018. For the value to have increased from £228,500 to £273,361 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 15 TEAL AVENUE has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The August 2018 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 15 TEAL AVENUE has not materially changed since August 2018.

How Large is 15 TEAL AVENUE?

15 TEAL AVENUE is 55m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of terraced houses houses in Mayland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mayland, and where 15 TEAL AVENUE lies on this distribution: 1% of terraced houses houses are smaller than 15 TEAL AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mayland.

15 TEAL AVENUE: Plot and Title Map

15 TEAL AVENUE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 15 TEAL AVENUE, 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 15 TEAL AVENUE). 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 15 TEAL AVENUE?

15 TEAL AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 15 on TEAL AVENUE.