20, DRAKE AVENUE, MAYLAND, CHELMSFORD, CM3 6TY - £270,000

20 DRAKE AVENUE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £270,000 in September 2016, which was around 39% below the average September 2016 detached price in the Maldon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

20 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 20 DRAKE AVENUE 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 20 DRAKE 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
2016 2 SEP	£270,000	£440,106	39% below HPI
2008 17 APR	£210,000	£322,302	35% below HPI
1998 21 SEP	£77,500	£117,216	34% below HPI

20 DRAKE AVENUE 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 20 DRAKE AVENUE sales between September 1998 and September 2016 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 April 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 20 DRAKE AVENUE?

20 DRAKE AVENUE is 86m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 20 DRAKE AVENUE lies on this distribution: 12% of detached houses are smaller than 20 DRAKE AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mayland.

20 DRAKE AVENUE: Plot and Title Map

20 DRAKE AVENUE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 20 DRAKE 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 20 DRAKE 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 20 DRAKE AVENUE?

20 DRAKE AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 20 on DRAKE AVENUE.