1, THE COURTYARD, SOUTHMINSTER, CM0 7GF - £495,000

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 THE COURTYARD is a large extended detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £494,949. It was last sold for £495,000 in May 2022, which was around 10% below the average May 2022 detached price in the Maldon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

1 THE COURTYARD Sold Prices

Land registry data shows three sales for 1 THE COURTYARD 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 THE COURTYARD 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
2022 20 MAY	£495,000	£552,954	10% below HPI
2006 6 JUL	£277,500	£293,436	5% below HPI
2004 15 JUN	£120,000	£279,711	57% below HPI

1 THE COURTYARD 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 THE COURTYARD sales between June 2004 and May 2022 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 THE COURTYARD be worth now?

1 THE COURTYARD might now be worth an estimated £494,949.

This is based on house price deflation of 0%, between May 2022 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 0% deflationary decrease is applied to the most recent sale price for 1 THE COURTYARD of £495,000 on 20th May 2022. For the value to have decreased from £495,000 to £494,949 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 THE COURTYARD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The May 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE COURTYARD has not materially changed since May 2022.

How Large is 1 THE COURTYARD?

1 THE COURTYARD is 149m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% 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 THE COURTYARD lies on this distribution: 77% of detached houses houses are smaller than 1 THE COURTYARD, and 23% of houses are larger. Note that EPC data is not available for all properties in Southminster.

1 THE COURTYARD: Plot and Title Map

1 THE COURTYARD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 1 THE COURTYARD, 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 THE COURTYARD). 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 THE COURTYARD?

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