4, BEECH DRIVE, LATCHINGDON, CHELMSFORD, CM3 6XT - £405,000

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.

4 BEECH DRIVE is a small detached house of 104m², which could now be worth an estimated £467,023. It was last sold for £405,000 in September 2020, which was around 16% below the average September 2020 detached price in the Maldon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

4 BEECH DRIVE Sold Prices

Land registry data shows two sales for 4 BEECH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two 4 BEECH DRIVE sales was for below the average price, whilst the other was 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
2020 11 SEP	£405,000	£482,773	16% below HPI
2017 6 NOV	£2,350,000	£488,356	381% above HPI

4 BEECH DRIVE 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 two 4 BEECH DRIVE sales from November 2017 and September 2020 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 2017 sale was for 381% above the HPI. So the extrapolation line tracks at 381% above the HPI over time, until the September 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 BEECH DRIVE be worth now?

4 BEECH DRIVE might now be worth an estimated £467,023.

This is based on house price inflation of 15.3%, between September 2020 and March 2025, for 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 15.3% inflationary increase is applied to the most recent sale price for 4 BEECH DRIVE of £405,000 on 11th September 2020. For the value to have increased from £405,000 to £467,023 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 4 BEECH DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The September 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BEECH DRIVE has not materially changed since September 2020.

How Large is 4 BEECH DRIVE?

4 BEECH DRIVE is 104m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Latchingdon, and where 4 BEECH DRIVE lies on this distribution: 35% of detached houses houses are smaller than 4 BEECH DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

4 BEECH DRIVE: Plot and Title Map

4 BEECH DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 4 BEECH DRIVE, 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 4 BEECH DRIVE). 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 4 BEECH DRIVE?

4 BEECH DRIVE is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 4 on BEECH DRIVE.