12, MIROSA REACH, MALDON, CM9 6XS - £345,000

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

12 MIROSA REACH is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £345,000 in April 2016, which was around 14% below the average April 2016 detached price in the Maldon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

12 MIROSA REACH Sold Prices

Land registry data shows three sales for 12 MIROSA REACH 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. Two of the three 12 MIROSA REACH sales were for below the average price, whilst one was 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
2016 1 APR	£345,000	£400,539	14% below HPI
2015 8 MAY	£325,000	£384,550	15% below HPI
1998 27 NOV	£119,950	£114,867	4% above HPI

12 MIROSA REACH 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 12 MIROSA REACH sales between November 1998 and April 2016 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 MIROSA REACH?

12 MIROSA REACH is 94m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 12 MIROSA REACH lies on this distribution: 29% of detached houses are smaller than 12 MIROSA REACH, and 70% of houses are larger. Note that EPC data is not available for all properties in Maldon.

12 MIROSA REACH: Plot and Title Map

12 MIROSA REACH sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 12 MIROSA REACH, 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 12 MIROSA REACH). 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 12 MIROSA REACH?

12 MIROSA REACH is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 12 on MIROSA REACH.