4, DERBY CLOSE, MAYLAND, CHELMSFORD, CM3 6TB - £176,000

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 DERBY CLOSE is a large extended semi-detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £426,231. It was last sold for £176,000 in February 2003, which was around 25% above the average February 2003 semi-detached price in the Maldon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

4 DERBY CLOSE Sold Prices

Land registry data shows two sales for 4 DERBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 4 DERBY CLOSE 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
2003 7 FEB	£176,000	£141,279	25% above HPI
1997 4 JUN	£78,000	£58,964	32% above HPI

4 DERBY CLOSE 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 two 4 DERBY CLOSE sales from June 1997 and February 2003 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2003 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 4 DERBY CLOSE be worth now?

4 DERBY CLOSE might now be worth an estimated £426,231.

This is based on house price inflation of 142.2%, between February 2003 and February 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 142.2% inflationary increase is applied to the most recent sale price for 4 DERBY CLOSE of £176,000 on 7th February 2003. For the value to have increased from £176,000 to £426,231 over the 22 years to February 2025, the following assumptions must hold true:

• The value of 4 DERBY CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The February 2003 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DERBY CLOSE has not materially changed since February 2003.

How Large is 4 DERBY CLOSE?

4 DERBY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of semi-detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mayland, and where 4 DERBY CLOSE lies on this distribution: 64% of semi-detached houses houses are smaller than 4 DERBY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Mayland.

4 DERBY CLOSE: Plot and Title Map

4 DERBY CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 4 DERBY CLOSE, 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 DERBY CLOSE). 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 DERBY CLOSE?

4 DERBY CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 4 on DERBY CLOSE.