1, GLENWAY CLOSE, MALDON, CM9 6FL - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GLENWAY CLOSE is a very small detached house of 82m², which could now be worth an estimated £464,360. It was last sold for £400,000 in June 2018, which was around 18% below the average June 2018 detached price in the Maldon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

1 GLENWAY CLOSE Sold Prices

Land registry data shows two sales for 1 GLENWAY 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 1 GLENWAY CLOSE 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
2018 22 JUN	£400,000	£487,637	18% below HPI
2016 15 APR	£325,000	£405,590	20% below HPI

1 GLENWAY 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 1 GLENWAY CLOSE sales from April 2016 and June 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 April 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 GLENWAY CLOSE be worth now?

1 GLENWAY CLOSE might now be worth an estimated £464,360.

This is based on house price inflation of 16.1%, between June 2018 and December 2024, for 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 16.1% inflationary increase is applied to the most recent sale price for 1 GLENWAY CLOSE of £400,000 on 22nd June 2018. For the value to have increased from £400,000 to £464,360 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 1 GLENWAY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The June 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLENWAY CLOSE has not materially changed since June 2018.

How Large is 1 GLENWAY CLOSE?

1 GLENWAY CLOSE is 82m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 1 GLENWAY CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 GLENWAY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Maldon.

1 GLENWAY CLOSE: Plot and Title Map

1 GLENWAY CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1 GLENWAY 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 1 GLENWAY 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 1 GLENWAY CLOSE?

1 GLENWAY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 1 on GLENWAY CLOSE.