10, MEMORY CLOSE, MALDON, CM9 6XT - £340,000

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

10 MEMORY CLOSE is a large detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £614,334. It was last sold for £340,000 in February 2012, which was around 9% above the average February 2012 detached price in the Maldon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

10 MEMORY CLOSE Sold Prices

Land registry data shows three sales for 10 MEMORY 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. All of the three 10 MEMORY CLOSE 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
2012 3 FEB	£340,000	£313,304	9% above HPI
2000 24 MAR	£169,995	£141,519	20% above HPI
1996 28 MAR	£122,000	£93,456	31% above HPI

10 MEMORY 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 10 MEMORY CLOSE sales between March 1996 and February 2012 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 March 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2012 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 MEMORY CLOSE be worth now?

10 MEMORY CLOSE might now be worth an estimated £614,334.

This is based on house price inflation of 80.7%, between February 2012 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 80.7% inflationary increase is applied to the most recent sale price for 10 MEMORY CLOSE of £340,000 on 3rd February 2012. For the value to have increased from £340,000 to £614,334 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 10 MEMORY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The February 2012 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MEMORY CLOSE has not materially changed since February 2012.

How Large is 10 MEMORY CLOSE?

10 MEMORY CLOSE is 143m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% 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 10 MEMORY CLOSE lies on this distribution: 77% of detached houses houses are smaller than 10 MEMORY CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Maldon.

10 MEMORY CLOSE: Plot and Title Map

10 MEMORY CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 10 MEMORY 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 10 MEMORY 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 10 MEMORY CLOSE?

10 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 10 on MEMORY CLOSE.