1, ROSE DRIVE, SOUTHMINSTER, CM0 7JA - £535,000

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.

1 ROSE DRIVE is a very large detached house of 171m², built sometime between 1996 and 2002, which could now be worth an estimated £672,075. It was last sold for £535,000 in April 2017, which was around 22% above the average April 2017 detached price in the Maldon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

1 ROSE DRIVE Sold Prices

Land registry data shows three sales for 1 ROSE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three 1 ROSE DRIVE 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
2017 26 APR	£535,000	£440,129	22% above HPI
2007 10 APR	£370,000	£310,113	19% above HPI
1999 26 MAY	£220,000	£118,713	85% above HPI

1 ROSE DRIVE 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 three 1 ROSE DRIVE sales between May 1999 and April 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 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2017 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 1 ROSE DRIVE be worth now?

1 ROSE DRIVE might now be worth an estimated £672,075.

This is based on house price inflation of 25.6%, between April 2017 and February 2025, 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 25.6% inflationary increase is applied to the most recent sale price for 1 ROSE DRIVE of £535,000 on 26th April 2017. For the value to have increased from £535,000 to £672,075 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 1 ROSE DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The April 2017 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROSE DRIVE has not materially changed since April 2017.

How Large is 1 ROSE DRIVE?

1 ROSE DRIVE is 171m² according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 1 ROSE DRIVE lies on this distribution: 91% of detached houses houses are smaller than 1 ROSE DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Southminster.

1 ROSE DRIVE: Plot and Title Map

1 ROSE DRIVE sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 1 ROSE DRIVE, 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 ROSE DRIVE). 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 ROSE DRIVE?

1 ROSE DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 1 on ROSE DRIVE.