15, JOHNSTON WAY, MALDON, CM9 6XZ - £495,000

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

15 JOHNSTON WAY is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £495,000 in June 2023, which was around 11% below the average June 2023 detached price in the Maldon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

15 JOHNSTON WAY Sold Prices

Land registry data shows two sales for 15 JOHNSTON WAY 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. One of the two 15 JOHNSTON WAY sales was for below the average price, whilst the other 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
2023 9 JUN	£495,000	£557,111	11% below HPI
1996 10 JUN	£104,995	£91,905	14% above HPI

15 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 two 15 JOHNSTON WAY sales from June 1996 and June 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 June 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 JOHNSTON WAY?

15 JOHNSTON WAY is 122m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 15 JOHNSTON WAY lies on this distribution: 61% of detached houses are smaller than 15 JOHNSTON WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Maldon.

15 JOHNSTON WAY: Plot and Title Map

15 JOHNSTON WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 15 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 15 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 15 JOHNSTON WAY?

15 JOHNSTON WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 15 on JOHNSTON WAY.