94, NIPSELLS CHASE, MAYLAND, CHELMSFORD, CM3 6EJ - £230,000

94 NIPSELLS CHASE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £230,000 in July 2012, which was around 27% below the average July 2012 detached price in the Maldon local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

94 NIPSELLS CHASE Sold Prices

Land registry data shows four sales for 94 NIPSELLS CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 94 NIPSELLS CHASE 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
2012 27 JUL	£230,000	£315,470	27% below HPI
2009 15 JUN	£172,000	£286,207	40% below HPI
2006 24 MAR	£211,000	£283,002	25% below HPI
1997 18 APR	£63,000	£100,677	37% below HPI

94 NIPSELLS CHASE 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 four 94 NIPSELLS CHASE sales between April 1997 and July 2012 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 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2012 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 94 NIPSELLS CHASE?

94 NIPSELLS CHASE is 73m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Mayland, based on EPC data. The below chart shows the distribution of detached houses by size in Mayland, and where 94 NIPSELLS CHASE lies on this distribution: 5% of detached houses are smaller than 94 NIPSELLS CHASE, and 95% of houses are larger. Note that EPC data is not available for all properties in Mayland.

94 NIPSELLS CHASE: Plot and Title Map

94 NIPSELLS CHASE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 94 NIPSELLS CHASE, 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 94 NIPSELLS CHASE). 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 94 NIPSELLS CHASE?

94 NIPSELLS CHASE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 94 on NIPSELLS CHASE.