15, GILL CLOSE, HEYBRIDGE, MALDON, CM9 4TF - £210,000

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

15 GILL CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £374,996. It was last sold for £210,000 in December 2011, which was around 34% below the average December 2011 detached price in the Maldon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

15 GILL CLOSE Sold Prices

Land registry data shows two sales for 15 GILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 15 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
2011 20 DEC	£210,000	£317,018	34% below HPI
1996 26 SEP	£79,950	£96,936	18% below HPI

15 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 two 15 GILL CLOSE sales from September 1996 and December 2011 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 September 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 GILL CLOSE be worth now?

15 GILL CLOSE might now be worth an estimated £374,996.

This is based on house price inflation of 78.6%, between December 2011 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 78.6% inflationary increase is applied to the most recent sale price for 15 GILL CLOSE of £210,000 on 20th December 2011. For the value to have increased from £210,000 to £374,996 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 15 GILL CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2011 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GILL CLOSE has not materially changed since December 2011.

How Large is 15 GILL CLOSE?

15 GILL CLOSE is 70m² according to the EPC inspection conducted in October 2011. 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 15 GILL CLOSE lies on this distribution: 5% of detached houses houses are smaller than 15 GILL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Maldon.

15 GILL CLOSE: Plot and Title Map

15 GILL CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 15 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 15 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 15 GILL CLOSE?

15 GILL CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 15 on GILL CLOSE.