6, AUSTRAL WAY, ALTHORNE, CHELMSFORD, CM3 6UP - £330,000

6 AUSTRAL WAY is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £330,000 in June 2018, which was around 31% below the average June 2018 detached price in the Maldon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

6 AUSTRAL WAY Sold Prices

Land registry data shows three sales for 6 AUSTRAL WAY 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 6 AUSTRAL WAY 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
2018 22 JUN	£330,000	£481,565	31% below HPI
2007 17 DEC	£225,000	£334,788	33% below HPI
1997 18 JUL	£63,000	£101,926	38% below HPI

6 AUSTRAL WAY 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 6 AUSTRAL WAY sales between July 1997 and June 2018 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 December 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 AUSTRAL WAY?

6 AUSTRAL WAY is 87m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 6 AUSTRAL WAY lies on this distribution: 36% of detached houses are smaller than 6 AUSTRAL WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Althorne.

6 AUSTRAL WAY: Plot and Title Map

6 AUSTRAL WAY sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 6 AUSTRAL 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 6 AUSTRAL 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 6 AUSTRAL WAY?

6 AUSTRAL WAY is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 6 on AUSTRAL WAY.