9, TEAL AVENUE, MAYLAND, CHELMSFORD, CM3 6TU - £226,000

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.

9 TEAL AVENUE is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £266,570. It was last sold for £226,000 in June 2020, which was around 4% below the average June 2020 terraced price in the Maldon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was D.

9 TEAL AVENUE Sold Prices

Land registry data shows eight sales for 9 TEAL AVENUE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. The eight 9 TEAL AVENUE sales were a mix of below the average price, roughly equal to the average price, and 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 8 JUN	£226,000	£236,168	4% below HPI
2015 22 DEC	£190,000	£190,622	Close to HPI
2012 30 APR	£140,000	£149,526	6% below HPI
2010 6 JUL	£150,000	£151,061	1% below HPI
2006 12 DEC	£155,000	£152,877	1% above HPI
2002 13 SEP	£110,000	£100,566	9% above HPI
1998 10 SEP	£60,000	£52,825	14% above HPI
1997 18 DEC	£53,500	£52,113	3% above HPI

9 TEAL AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maldon local authority area over time, sourced from the HPI. The eight 9 TEAL AVENUE sales between December 1997 and June 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 December 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 9 TEAL AVENUE be worth now?

9 TEAL AVENUE might now be worth an estimated £266,570.

This is based on house price inflation of 18%, between June 2020 and July 2025, for terraced 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 18% inflationary increase is applied to the most recent sale price for 9 TEAL AVENUE of £226,000 on 8th June 2020. For the value to have increased from £226,000 to £266,570 over the four years and eleven months to July 2025, the following assumptions must hold true:

• The value of 9 TEAL AVENUE has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The June 2020 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 9 TEAL AVENUE has not materially changed since June 2020.

How Large is 9 TEAL AVENUE?

9 TEAL AVENUE is 61m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of terraced houses houses in Mayland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mayland, and where 9 TEAL AVENUE lies on this distribution: 2% of terraced houses houses are smaller than 9 TEAL AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mayland.

9 TEAL AVENUE: Plot and Title Map

9 TEAL AVENUE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 9 TEAL 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 9 TEAL 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 9 TEAL AVENUE?

9 TEAL AVENUE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 9 on TEAL AVENUE.