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
118 MALDON ROAD is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £470,500 in March 2015, which was around 39% above the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 118 MALDON ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 118 MALDON ROAD 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 |
---|---|---|---|
2015 26 MAR | £470,500 | £337,985 | 39% above HPI |
2006 23 AUG | £318,500 | £282,194 | 13% above HPI |
2001 26 OCT | £183,000 | £174,367 | 5% above HPI |
1997 25 JUL | £81,000 | £98,262 | 18% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 118 MALDON ROAD sales between July 1997 and March 2015 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 August 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2015 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
118 MALDON ROAD is 193m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 118 MALDON ROAD lies on this distribution: 93% of detached houses are smaller than 118 MALDON ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
118 MALDON ROAD sits on a plot of roughly 0.343 of an acre, or 1,389m². The below map shows the location of 118 MALDON ROAD, 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 118 MALDON ROAD). 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.
118 MALDON ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 118 on MALDON ROAD.