1, SOUTHEY CLOSE, HEYBRIDGE, MALDON, CM9 4YW - £320,000

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 SOUTHEY CLOSE is a very small semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £323,990. It was last sold for £320,000 in May 2023, which was around 5% below the average May 2023 semi-detached price in the Maldon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

1 SOUTHEY CLOSE Sold Prices

Land registry data shows two sales for 1 SOUTHEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 1 SOUTHEY 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
2023 10 MAY	£320,000	£337,931	5% below HPI
2000 20 JUL	£86,000	£86,743	1% below HPI

1 SOUTHEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The two 1 SOUTHEY CLOSE sales from July 2000 and May 2023 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 July 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 SOUTHEY CLOSE be worth now?

1 SOUTHEY CLOSE might now be worth an estimated £323,990.

This is based on house price inflation of 1.2%, between May 2023 and February 2025, for semi-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 1.2% inflationary increase is applied to the most recent sale price for 1 SOUTHEY CLOSE of £320,000 on 10th May 2023. For the value to have increased from £320,000 to £323,990 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SOUTHEY CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The May 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUTHEY CLOSE has not materially changed since May 2023.

How Large is 1 SOUTHEY CLOSE?

1 SOUTHEY CLOSE is 71m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of semi-detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maldon, and where 1 SOUTHEY CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 1 SOUTHEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Maldon.

1 SOUTHEY CLOSE: Plot and Title Map

1 SOUTHEY CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 1 SOUTHEY 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 SOUTHEY 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 SOUTHEY CLOSE?

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