1, MERCURY PLACE, HEYBRIDGE, MALDON, CM9 4PN - £322,500

1 MERCURY PLACE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £322,500 in February 2017, which was around 28% below the average February 2017 detached price in the Maldon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

1 MERCURY PLACE Sold Prices

Land registry data shows two sales for 1 MERCURY PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 1 MERCURY PLACE 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
2017 9 FEB	£322,500	£445,981	28% below HPI
2001 20 APR	£114,950	£164,626	30% below HPI

1 MERCURY PLACE 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 two 1 MERCURY PLACE sales from April 2001 and February 2017 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 April 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 MERCURY PLACE?

1 MERCURY PLACE is 81m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 1 MERCURY PLACE lies on this distribution: 11% of detached houses are smaller than 1 MERCURY PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Maldon.

1 MERCURY PLACE: Plot and Title Map

1 MERCURY PLACE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 1 MERCURY PLACE, 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 1 MERCURY PLACE). 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 1 MERCURY PLACE?

1 MERCURY PLACE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 1 on MERCURY PLACE.