3, THE CHESTNUTS, BURNHAM ROAD, SOUTHMINSTER, CM0 7HD - £300,000

3 THE CHESTNUTS is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £300,000 in March 2021, which was around 42% below the average March 2021 detached price in the Maldon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

3 THE CHESTNUTS Sold Prices

Land registry data shows three sales for 3 THE CHESTNUTS 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 3 THE CHESTNUTS 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 12 MAR	£300,000	£515,521	42% below HPI
2012 25 OCT	£225,000	£324,578	31% below HPI
2007 27 MAR	£195,000	£310,571	37% below HPI

3 THE CHESTNUTS 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 3 THE CHESTNUTS sales between March 2007 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 October 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 3 THE CHESTNUTS?

3 THE CHESTNUTS is 100m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 3 THE CHESTNUTS lies on this distribution: 29% of detached houses are smaller than 3 THE CHESTNUTS, and 70% of houses are larger. Note that EPC data is not available for all properties in Southminster.

3 THE CHESTNUTS: Plot and Title Map

3 THE CHESTNUTS sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 THE CHESTNUTS, 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 3 THE CHESTNUTS). 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 3 THE CHESTNUTS?

3 THE CHESTNUTS is located on BURNHAM ROAD in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of 3 THE CHESTNUTS on BURNHAM ROAD.