25, TERN CLOSE, MAYLAND, CHELMSFORD, CM3 6TW - £124,500

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.

25 TERN CLOSE is a semi-detached house, which could now be worth an estimated £389,633. It was last sold for £124,500 in April 2002, which was around 12% above the average April 2002 semi-detached price in the Maldon local authority area.

25 TERN CLOSE Sold Prices

Land registry data shows two sales for 25 TERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 25 TERN CLOSE sales were 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
2002 12 APR	£124,500	£111,190	12% above HPI
1999 13 AUG	£79,000	£71,764	10% above HPI

What might 25 TERN CLOSE be worth now?

25 TERN CLOSE might now be worth an estimated £389,633.

This is based on house price inflation of 213%, between April 2002 and May 2026, for semi-detached 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 213% inflationary increase is applied to the most recent sale price for 25 TERN CLOSE of £124,500 on 12th April 2002. For the value to have increased from £124,500 to £389,633 over the 23 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 25 TERN CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The April 2002 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 25 TERN CLOSE has not materially changed since April 2002.

Where is 25 TERN CLOSE?

25 TERN CLOSE is located in MAYLAND, in the CM3 postcode district.