15, SOUTHEY CLOSE, HEYBRIDGE, MALDON, CM9 4YW - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 SOUTHEY CLOSE is a very small semi-detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £325,890. It was last sold for £280,000 in June 2018, which was around 5% below the average June 2018 semi-detached price in the Maldon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

15 SOUTHEY CLOSE Sold Prices

Land registry data shows two sales for 15 SOUTHEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. One of the two 15 SOUTHEY CLOSE 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
2018 1 JUN	£280,000	£293,966	5% below HPI
1997 24 SEP	£68,000	£62,794	8% above HPI

15 SOUTHEY 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 two 15 SOUTHEY CLOSE sales from September 1997 and June 2018 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 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 SOUTHEY CLOSE be worth now?

15 SOUTHEY CLOSE might now be worth an estimated £325,890.

This is based on house price inflation of 16.4%, between June 2018 and February 2025, 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 16.4% inflationary increase is applied to the most recent sale price for 15 SOUTHEY CLOSE of £280,000 on 1st June 2018. For the value to have increased from £280,000 to £325,890 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 15 SOUTHEY CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The June 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SOUTHEY CLOSE has not materially changed since June 2018.

How Large is 15 SOUTHEY CLOSE?

15 SOUTHEY CLOSE is 86m² according to the EPC inspection conducted in February 2018. 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 15 SOUTHEY CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 15 SOUTHEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Maldon.

15 SOUTHEY CLOSE: Plot and Title Map

15 SOUTHEY CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 15 SOUTHEY 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 SOUTHEY 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 SOUTHEY CLOSE?

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