18, BUTTERCUP WAY, SOUTHMINSTER, CM0 7RZ - £475,000

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

18 BUTTERCUP WAY is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2023, which was around 14% below the average November 2023 detached price in the Maldon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

18 BUTTERCUP WAY Sold Prices

Land registry data shows three sales for 18 BUTTERCUP WAY 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 18 BUTTERCUP WAY 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
2023 17 NOV	£475,000	£555,323	14% below HPI
2009 30 OCT	£249,994	£286,618	13% below HPI
1999 3 SEP	£121,995	£129,637	6% below HPI

18 BUTTERCUP 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 three 18 BUTTERCUP WAY sales between September 1999 and November 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 October 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 BUTTERCUP WAY?

18 BUTTERCUP WAY is 119m² according to the EPC inspection conducted in April 2023. 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 18 BUTTERCUP WAY lies on this distribution: 51% of detached houses are smaller than 18 BUTTERCUP WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Southminster.

18 BUTTERCUP WAY: Plot and Title Map

18 BUTTERCUP WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 18 BUTTERCUP 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 18 BUTTERCUP 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 18 BUTTERCUP WAY?

18 BUTTERCUP WAY is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 18 on BUTTERCUP WAY.