14, MEMORY CLOSE, MALDON, CM9 6XT - £385,000

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

14 MEMORY CLOSE is a very small extended semi-detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £452,142. It was last sold for £385,000 in December 2020, which was around 29% above the average December 2020 semi-detached price in the Maldon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

14 MEMORY CLOSE Sold Prices

Land registry data shows four sales for 14 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the four 14 MEMORY CLOSE 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
2020 4 DEC	£385,000	£299,188	29% above HPI
2010 31 MAR	£235,000	£182,679	29% above HPI
1998 8 MAY	£95,000	£66,950	42% above HPI
1996 28 MAR	£82,950	£54,264	53% above HPI

14 MEMORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The four 14 MEMORY CLOSE sales between March 1996 and December 2020 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 March 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2020 sale, which was also at 29% above the HPI.

What might 14 MEMORY CLOSE be worth now?

14 MEMORY CLOSE might now be worth an estimated £452,142.

This is based on house price inflation of 17.4%, between December 2020 and December 2024, for semi-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 17.4% inflationary increase is applied to the most recent sale price for 14 MEMORY CLOSE of £385,000 on 4th December 2020. For the value to have increased from £385,000 to £452,142 over the four years to December 2024, the following assumptions must hold true:

• The value of 14 MEMORY CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The December 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MEMORY CLOSE has not materially changed since December 2020.

How Large is 14 MEMORY CLOSE?

14 MEMORY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of semi-detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maldon, and where 14 MEMORY CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 14 MEMORY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Maldon.

14 MEMORY CLOSE: Plot and Title Map

14 MEMORY CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 14 MEMORY 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 14 MEMORY 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 14 MEMORY CLOSE?

14 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 14 on MEMORY CLOSE.