4, DRAKE AVENUE, MAYLAND, CHELMSFORD, CM3 6TY - £274,000

4 DRAKE AVENUE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £274,000 in April 2016, which was around 32% below the average April 2016 detached price in the Maldon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

4 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 4 DRAKE AVENUE 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. Both of the two 4 DRAKE AVENUE 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
2016 6 APR	£274,000	£400,539	32% below HPI
2001 15 NOV	£128,500	£183,779	30% below HPI

4 DRAKE AVENUE 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 DRAKE AVENUE sales from November 2001 and April 2016 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 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 DRAKE AVENUE?

4 DRAKE AVENUE is 101m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 4 DRAKE AVENUE lies on this distribution: 29% of detached houses are smaller than 4 DRAKE AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Mayland.

4 DRAKE AVENUE: Plot and Title Map

4 DRAKE AVENUE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 DRAKE AVENUE, 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 DRAKE AVENUE). 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 DRAKE AVENUE?

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