1, WALLACE BINDER CLOSE, MALDON, CM9 6LG - £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 WALLACE BINDER CLOSE is a midsized extended detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £524,341. It was last sold for £535,000 in June 2023, which was around 5% below the average June 2023 detached price in the Maldon local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

1 WALLACE BINDER CLOSE Sold Prices

Land registry data shows three sales for 1 WALLACE BINDER CLOSE 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. One of the three 1 WALLACE BINDER CLOSE sales was for below the average price, whilst two 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
2023 15 JUN	£535,000	£564,136	5% below HPI
2001 5 NOV	£189,995	£186,097	2% above HPI
1995 22 DEC	£100,000	£94,028	6% above HPI

1 WALLACE BINDER 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 three 1 WALLACE BINDER CLOSE sales between December 1995 and June 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 November 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 WALLACE BINDER CLOSE be worth now?

1 WALLACE BINDER CLOSE might now be worth an estimated £524,341.

This is based on house price deflation of 2%, between June 2023 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 2% deflationary decrease is applied to the most recent sale price for 1 WALLACE BINDER CLOSE of £535,000 on 15th June 2023. For the value to have decreased from £535,000 to £524,341 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 1 WALLACE BINDER CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The June 2023 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WALLACE BINDER CLOSE has not materially changed since June 2023.

How Large is 1 WALLACE BINDER CLOSE?

1 WALLACE BINDER CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% 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 WALLACE BINDER CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 WALLACE BINDER CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Maldon.

1 WALLACE BINDER CLOSE: Plot and Title Map

1 WALLACE BINDER CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 1 WALLACE BINDER 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 WALLACE BINDER 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 WALLACE BINDER CLOSE?

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