2, MEMORY CLOSE, MALDON, CM9 6XT - £520,000

2 MEMORY CLOSE is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £520,000 in May 2018, which was around 9% above the average May 2018 detached price in the Maldon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 2 MEMORY CLOSE 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 2 MEMORY 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
2018 29 MAY	£520,000	£476,924	9% above HPI
1995 25 AUG	£109,950	£92,613	19% above HPI

2 MEMORY CLOSE 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 2 MEMORY CLOSE sales from August 1995 and May 2018 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 August 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 MEMORY CLOSE?

2 MEMORY CLOSE is 113m² according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 2 MEMORY CLOSE lies on this distribution: 52% of detached houses are smaller than 2 MEMORY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Maldon.

2 MEMORY CLOSE: Plot and Title Map

2 MEMORY CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 2 MEMORY CLOSE, 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 2 MEMORY CLOSE). 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 2 MEMORY CLOSE?

2 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 2 on MEMORY CLOSE.