18, GILL CLOSE, HEYBRIDGE, MALDON, CM9 4TF - £370,000

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

18 GILL CLOSE is a small extended detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £428,095. It was last sold for £370,000 in August 2018, which was around 24% below the average August 2018 detached price in the Maldon local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

18 GILL CLOSE Sold Prices

Land registry data shows three sales for 18 GILL CLOSE 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. Two of the three 18 GILL CLOSE sales were for below the average price, whilst one 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 2 AUG	£370,000	£489,275	24% below HPI
2012 30 OCT	£250,000	£328,671	24% below HPI
1996 31 OCT	£99,950	£98,468	2% above HPI

18 GILL CLOSE 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 GILL CLOSE sales between October 1996 and August 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 October 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2018 sale, which was also at 24% below the HPI.

What might 18 GILL CLOSE be worth now?

18 GILL CLOSE might now be worth an estimated £428,095.

This is based on house price inflation of 15.7%, between August 2018 and December 2024, for 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 15.7% inflationary increase is applied to the most recent sale price for 18 GILL CLOSE of £370,000 on 2nd August 2018. For the value to have increased from £370,000 to £428,095 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 18 GILL CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GILL CLOSE has not materially changed since August 2018.

How Large is 18 GILL CLOSE?

18 GILL CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 18 GILL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 18 GILL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Maldon.

18 GILL CLOSE: Plot and Title Map

18 GILL CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 18 GILL 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 18 GILL 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 18 GILL CLOSE?

18 GILL CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 18 on GILL CLOSE.