40 Tern Close, Mayland, Chelmsford, CM3 6TW is a freehold detached property built between 1996-2002. The property offers approximately 1,218 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £387,773 , which equates to approximately £319 per square foot. It was last sold on 26 Oct 2012 for £226,000. Since then, the value has increased by £161,773, representing a 71.6% increase, or approximately 5.4% per year.

The current estimated value of £387,773 is:

  • 16.0% lower than the average property price on Tern Close
  • 12.9% lower than the average in the CM3 6TW postcode area
  • and 11.0% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 January 2012, the property was recorded as owner-occupied.

View sold house prices in CM3 6TW

Building approximate location

About Property

Type
Detached House
Built
1996-2002
Interior Size
1218 sq ft
Tenure
Freehold
Price (estimate)
£387,773
Price Per sq ft (estimate)
£319
Bedroom Count (estimate)
4 bedrooms

EPC Summary

40 Tern Close, Mayland, Chelmsford, Maldon, Essex, CM3 6TW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Jan 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Mar 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was changed from no low energy lighting to low energy lighting in 7% of fixed outlets, with no change in efficiency (very poor).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 7% of fixed outlets
Very Poor

Compared to CM3 6TW

22 nd / 35
Price Rank
13% lower than average
11 th / 22
Size Rank
0% same size than average
18 th / 22
Price Per Sq FT Rank
13% lower than average

Compared to other properties in CM3 6TW , this house's estimated value ranks 22th out of 35. Based on price per square foot, it ranks 18th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 11th out of 22 properties in its postcode area.

Sale History

Today
£387,773
streetscan.co.uk estimate
+72 %
26 Oct 2012
£226,000
Leasehold
-1.3 %
1 Jul 2010
£229,000
Leasehold
+57.9 %
17 Dec 2001
£145,000
Leasehold
+36.2 %
5 Aug 1999
£106,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1270 sq ft
sale price: £449,995
sale date: 15 Sep 2021
rooms: 7
size: 1292 sq ft
sale price: £379,950
sale date: 21 Jul 2017
rooms: 7
size: 1356 sq ft
sale price: £347,500
sale date: 19 May 2017
rooms: 8
size: 1130 sq ft
sale price: £292,500
sale date: 18 Aug 2016
rooms: 7
size: 1281 sq ft
sale price: £275,000
sale date: 17 Jun 2015

Data Sources

The property at 40 Tern Close, Mayland, Chelmsford, CM3 6TW appears four times in the Land Registry records, with the latest transaction recorded on 26 Oct 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jan 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.