16, SOUTHEY CLOSE, HEYBRIDGE, MALDON, CM9 4YW - £172,000

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

16 SOUTHEY CLOSE is a large semi-detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £320,776. It was last sold for £172,000 in March 2012, which was around 9% below the average March 2012 semi-detached price in the Maldon local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

16 SOUTHEY CLOSE Sold Prices

Land registry data shows two sales for 16 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. Both of the two 16 SOUTHEY 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
2012 30 MAR	£172,000	£188,402	9% below HPI
2010 30 APR	£182,000	£187,814	3% below HPI

16 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 16 SOUTHEY CLOSE sales from April 2010 and March 2012 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 April 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 SOUTHEY CLOSE be worth now?

16 SOUTHEY CLOSE might now be worth an estimated £320,776.

This is based on house price inflation of 86.5%, between March 2012 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 86.5% inflationary increase is applied to the most recent sale price for 16 SOUTHEY CLOSE of £172,000 on 30th March 2012. For the value to have increased from £172,000 to £320,776 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 16 SOUTHEY CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The March 2012 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SOUTHEY CLOSE has not materially changed since March 2012.

How Large is 16 SOUTHEY CLOSE?

16 SOUTHEY CLOSE is 140m² according to the EPC inspection conducted in December 2015. This puts it in the largest 30% 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 16 SOUTHEY CLOSE lies on this distribution: 75% of semi-detached houses houses are smaller than 16 SOUTHEY CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Maldon.

16 SOUTHEY CLOSE: Plot and Title Map

16 SOUTHEY CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 16 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 16 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 16 SOUTHEY CLOSE?

16 SOUTHEY CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 16 on SOUTHEY CLOSE.