18, OAK CLOSE, MALDON, CM9 5LD - £615,000

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 OAK CLOSE is a very large detached house of 152m², built sometime between 2003 and 2006. It was last sold for £615,000 in July 2023, which was around 8% above the average July 2023 detached price in the Maldon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

18 OAK CLOSE Sold Prices

Land registry data shows two sales for 18 OAK 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. Both of the two 18 OAK CLOSE sales were 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
2023 7 JUL	£615,000	£571,011	8% above HPI
1998 30 NOV	£159,995	£114,867	39% above HPI

18 OAK 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 OAK CLOSE sales from November 1998 and July 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 November 1998 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 18 OAK CLOSE?

18 OAK CLOSE is 152m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% 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 OAK CLOSE lies on this distribution: 85% of detached houses are smaller than 18 OAK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Maldon.

18 OAK CLOSE: Plot and Title Map

18 OAK CLOSE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 18 OAK 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 OAK 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 OAK CLOSE?

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