39, BUCHANAN WAY, LATCHINGDON, CHELMSFORD, CM3 6HL - £158,000

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.

39 BUCHANAN WAY is a very small terraced house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £282,366. It was last sold for £158,000 in February 2011, which was around 1% above the average February 2011 terraced price in the Maldon local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

39 BUCHANAN WAY Sold Prices

Land registry data shows seven sales for 39 BUCHANAN WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. Most of the seven 39 BUCHANAN 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
2011 23 FEB	£158,000	£155,854	1% above HPI
2008 2 JUN	£179,000	£166,442	8% above HPI
2006 10 APR	£140,000	£143,306	2% below HPI
2004 23 APR	£154,000	£131,968	17% above HPI
1999 17 JUN	£57,750	£54,492	6% above HPI
1997 17 JAN	£43,500	£44,204	2% below HPI
1996 16 FEB	£37,500	£42,695	12% below HPI

39 BUCHANAN 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 seven 39 BUCHANAN WAY sales between February 1996 and February 2011 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 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2011 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 39 BUCHANAN WAY be worth now?

39 BUCHANAN WAY might now be worth an estimated £282,366.

This is based on house price inflation of 78.7%, between February 2011 and April 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 78.7% inflationary increase is applied to the most recent sale price for 39 BUCHANAN WAY of £158,000 on 23rd February 2011. For the value to have increased from £158,000 to £282,366 over the fourteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 39 BUCHANAN WAY has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The February 2011 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 39 BUCHANAN WAY has not materially changed since February 2011.

How Large is 39 BUCHANAN WAY?

39 BUCHANAN WAY is 50m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 39 BUCHANAN WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 39 BUCHANAN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

39 BUCHANAN WAY: Plot and Title Map

39 BUCHANAN WAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 39 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 39 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 39 BUCHANAN WAY?

39 BUCHANAN WAY is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 39 on BUCHANAN WAY.