11, JOHNSTON WAY, MALDON, CM9 6XZ - £447,000

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

11 JOHNSTON WAY is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £447,000 in August 2023, which was around 22% below the average August 2023 detached price in the Maldon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

11 JOHNSTON WAY Sold Prices

Land registry data shows four sales for 11 JOHNSTON WAY 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 JOHNSTON WAY 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
2023 25 AUG	£447,000	£571,264	22% below HPI
2017 19 MAY	£375,000	£445,521	16% below HPI
2009 28 AUG	£249,000	£281,563	12% below HPI
1996 6 SEP	£89,995	£95,729	6% below HPI

11 JOHNSTON 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 four 11 JOHNSTON WAY sales between September 1996 and August 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 May 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 JOHNSTON WAY?

11 JOHNSTON WAY is 88m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 11 JOHNSTON WAY lies on this distribution: 20% of detached houses are smaller than 11 JOHNSTON WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Maldon.

11 JOHNSTON WAY: Plot and Title Map

11 JOHNSTON WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 11 JOHNSTON 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 11 JOHNSTON 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 11 JOHNSTON WAY?

11 JOHNSTON WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 11 on JOHNSTON WAY.