15, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RQ - £250,000

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 LAVENDER DRIVE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £250,000 in November 2011, which was around 20% below the average November 2011 detached price in the Maldon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

15 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 15 LAVENDER DRIVE 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. All of the three 15 LAVENDER DRIVE 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 24 NOV	£250,000	£313,761	20% below HPI
2003 4 JUL	£235,500	£252,013	7% below HPI
1998 30 APR	£112,995	£114,654	1% below HPI

15 LAVENDER DRIVE 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 15 LAVENDER DRIVE sales between April 1998 and November 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 July 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 LAVENDER DRIVE?

15 LAVENDER DRIVE is 119m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 15 LAVENDER DRIVE lies on this distribution: 51% of detached houses are smaller than 15 LAVENDER DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Southminster.

15 LAVENDER DRIVE: Plot and Title Map

15 LAVENDER DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 LAVENDER DRIVE, 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 LAVENDER DRIVE). 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 LAVENDER DRIVE?

15 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 15 on LAVENDER DRIVE.