18, MEMORY CLOSE, MALDON, CM9 6XT - £312,500

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 MEMORY CLOSE is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £312,500 in June 2011, which was around 2% below the average June 2011 detached price in the Maldon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

18 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 18 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two 18 MEMORY 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
2011 30 JUN	£312,500	£319,587	2% below HPI
1996 10 MAY	£119,950	£90,901	32% above HPI

18 MEMORY 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 two 18 MEMORY CLOSE sales from May 1996 and June 2011 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 May 1996 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2011 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 MEMORY CLOSE?

18 MEMORY CLOSE is 120m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 18 MEMORY CLOSE lies on this distribution: 60% of detached houses are smaller than 18 MEMORY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Maldon.

18 MEMORY CLOSE: Plot and Title Map

18 MEMORY CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 18 MEMORY 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 MEMORY 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 MEMORY CLOSE?

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