11, GILL CLOSE, HEYBRIDGE, MALDON, CM9 4TF - £330,000

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

11 GILL CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £385,356. It was last sold for £330,000 in October 2019, which was around 32% below the average October 2019 detached price in the Maldon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

11 GILL CLOSE Sold Prices

Land registry data shows four sales for 11 GILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 11 GILL 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
2019 30 OCT	£330,000	£484,779	32% below HPI
2009 20 MAY	£175,000	£293,856	40% below HPI
1999 30 JUN	£92,250	£120,573	23% below HPI
1996 20 DEC	£75,953	£97,930	22% below HPI

11 GILL 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 four 11 GILL CLOSE sales between December 1996 and October 2019 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 May 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 11 GILL CLOSE be worth now?

11 GILL CLOSE might now be worth an estimated £385,356.

This is based on house price inflation of 16.8%, between October 2019 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 16.8% inflationary increase is applied to the most recent sale price for 11 GILL CLOSE of £330,000 on 30th October 2019. For the value to have increased from £330,000 to £385,356 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 11 GILL CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GILL CLOSE has not materially changed since October 2019.

How Large is 11 GILL CLOSE?

11 GILL CLOSE is 71m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 11 GILL CLOSE lies on this distribution: 5% of detached houses houses are smaller than 11 GILL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Maldon.

11 GILL CLOSE: Plot and Title Map

11 GILL CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 11 GILL 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 11 GILL 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 11 GILL CLOSE?

11 GILL CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 11 on GILL CLOSE.