27, BUCHANAN WAY, LATCHINGDON, CHELMSFORD, CM3 6HL - £235,000

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.

27 BUCHANAN WAY is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £276,434. It was last sold for £235,000 in August 2018, which was around 20% below the average August 2018 semi-detached price in the Maldon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

27 BUCHANAN WAY Sold Prices

Land registry data shows three sales for 27 BUCHANAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the three 27 BUCHANAN WAY 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 24 AUG	£235,000	£294,958	20% below HPI
2003 19 NOV	£120,000	£152,731	21% below HPI
1997 31 JAN	£43,000	£55,754	23% below HPI

27 BUCHANAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The three 27 BUCHANAN WAY sales between January 1997 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 November 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 27 BUCHANAN WAY be worth now?

27 BUCHANAN WAY might now be worth an estimated £276,434.

This is based on house price inflation of 17.6%, between August 2018 and March 2025, for semi-detached 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 17.6% inflationary increase is applied to the most recent sale price for 27 BUCHANAN WAY of £235,000 on 24th August 2018. For the value to have increased from £235,000 to £276,434 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 27 BUCHANAN WAY has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The August 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BUCHANAN WAY has not materially changed since August 2018.

How Large is 27 BUCHANAN WAY?

27 BUCHANAN WAY is 56m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Latchingdon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Latchingdon, and where 27 BUCHANAN WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 27 BUCHANAN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

27 BUCHANAN WAY: Plot and Title Map

27 BUCHANAN WAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 27 BUCHANAN 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 27 BUCHANAN 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 27 BUCHANAN WAY?

27 BUCHANAN WAY is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 27 on BUCHANAN WAY.