2, OAKWOOD COURT, ALTHORNE, CHELMSFORD, CM3 6DW - £360,000

2 OAKWOOD COURT is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £360,000 in March 2021, which was around 26% below the average March 2021 detached price in the Maldon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 OAKWOOD COURT Sold Prices

Land registry data shows three sales for 2 OAKWOOD COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three 2 OAKWOOD COURT 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	£360,000	£489,655	26% below HPI
2018 1 JUN	£353,000	£481,565	27% below HPI
1996 23 DEC	£83,000	£96,711	14% below HPI

2 OAKWOOD COURT 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 three 2 OAKWOOD COURT sales between December 1996 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 June 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 OAKWOOD COURT?

2 OAKWOOD COURT is 74m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 2 OAKWOOD COURT lies on this distribution: 13% of detached houses are smaller than 2 OAKWOOD COURT, and 85% of houses are larger. Note that EPC data is not available for all properties in Althorne.

2 OAKWOOD COURT: Plot and Title Map

2 OAKWOOD COURT sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 2 OAKWOOD COURT, 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 2 OAKWOOD COURT). 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 2 OAKWOOD COURT?

2 OAKWOOD COURT is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 2 on OAKWOOD COURT.