17, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RQ - £375,000

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

17 LAVENDER DRIVE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2020, which was around 21% below the average September 2020 detached price in the Maldon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

17 LAVENDER DRIVE Sold Prices

Land registry data shows five sales for 17 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the five 17 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
2020 22 SEP	£375,000	£476,761	21% below HPI
2006 6 OCT	£243,000	£296,158	18% below HPI
2001 20 DEC	£145,000	£180,190	20% below HPI
1999 20 OCT	£103,000	£131,847	22% below HPI
1998 30 APR	£96,995	£114,654	15% below HPI

17 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 five 17 LAVENDER DRIVE sales between April 1998 and September 2020 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 October 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 17 LAVENDER DRIVE?

17 LAVENDER DRIVE is 105m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 17 LAVENDER DRIVE lies on this distribution: 32% of detached houses are smaller than 17 LAVENDER DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Southminster.

17 LAVENDER DRIVE: Plot and Title Map

17 LAVENDER DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 17 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 17 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 17 LAVENDER DRIVE?

17 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 17 on LAVENDER DRIVE.