8, ESPLANADE, MAYLAND, CHELMSFORD, CM3 6AL - £380,000

8 ESPLANADE is a small detached house of 121m², built sometime between 1967 and 1975. It was last sold for £380,000 in July 2016, which was around 9% below the average July 2016 detached price in the Maldon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

8 ESPLANADE Sold Prices

Land registry data shows three sales for 8 ESPLANADE 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. Two of the three 8 ESPLANADE sales were for below the average price, whilst one 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
2016 22 JUL	£380,000	£419,292	9% below HPI
2008 17 JUL	£295,000	£326,339	10% below HPI
1997 20 AUG	£119,000	£106,964	11% above HPI

8 ESPLANADE 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 8 ESPLANADE sales between August 1997 and July 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 July 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 8 ESPLANADE?

8 ESPLANADE is 121m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Maylandsea, based on EPC data. The below chart shows the distribution of detached houses by size in Maylandsea, and where 8 ESPLANADE lies on this distribution: 37% of detached houses are smaller than 8 ESPLANADE, and 62% of houses are larger. Note that EPC data is not available for all properties in Maylandsea.

8 ESPLANADE: Plot and Title Map

8 ESPLANADE sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 8 ESPLANADE, 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 8 ESPLANADE). 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 8 ESPLANADE?

8 ESPLANADE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 8 on ESPLANADE.