24, MEADOW WAY, LATCHINGDON, CHELMSFORD, CM3 6LH - £185,500

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.

24 MEADOW WAY is a small extended terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £320,910. It was last sold for £185,500 in February 2007, which was around 17% above the average February 2007 terraced price in the Maldon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

24 MEADOW WAY Sold Prices

Land registry data shows two sales for 24 MEADOW WAY 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 24 MEADOW WAY sales were for above 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
2007 27 FEB	£185,500	£158,531	17% above HPI
2002 18 OCT	£155,000	£102,658	51% above HPI

24 MEADOW WAY 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 24 MEADOW WAY sales from October 2002 and February 2007 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 October 2002 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2007 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 24 MEADOW WAY be worth now?

24 MEADOW WAY might now be worth an estimated £320,910.

This is based on house price inflation of 73%, between February 2007 and May 2026, 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 73% inflationary increase is applied to the most recent sale price for 24 MEADOW WAY of £185,500 on 27th February 2007. For the value to have increased from £185,500 to £320,910 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 24 MEADOW WAY has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The February 2007 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MEADOW WAY has not materially changed since February 2007.

How Large is 24 MEADOW WAY?

24 MEADOW WAY is 88m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of terraced houses houses in Latchingdon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Latchingdon, and where 24 MEADOW WAY lies on this distribution: 25% of terraced houses houses are smaller than 24 MEADOW WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

24 MEADOW WAY: Plot and Title Map

24 MEADOW WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 24 MEADOW WAY, 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 24 MEADOW WAY). 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 24 MEADOW WAY?

24 MEADOW WAY is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 24 on MEADOW WAY.