10, MERMAID WAY, MALDON, CM9 5LA - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 MERMAID WAY is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £535,000 in July 2018, which was around 9% above the average July 2018 detached price in the Maldon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

10 MERMAID WAY Sold Prices

Land registry data shows two sales for 10 MERMAID WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 10 MERMAID WAY 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
2018 12 JUL	£535,000	£490,639	9% above HPI
1998 17 DEC	£169,995	£115,202	48% above HPI

10 MERMAID WAY 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 two 10 MERMAID WAY sales from December 1998 and July 2018 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 December 1998 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 10 MERMAID WAY?

10 MERMAID WAY is 165m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 10 MERMAID WAY lies on this distribution: 89% of detached houses are smaller than 10 MERMAID WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Maldon.

10 MERMAID WAY: Plot and Title Map

10 MERMAID WAY sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 10 MERMAID WAY, 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 MERMAID WAY). 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 MERMAID WAY?

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