18, OAK DRIVE, SOUTHMINSTER, CM0 7FH - £357,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 OAK DRIVE is a small semi-detached house of 95m², which could now be worth an estimated £382,630. It was last sold for £357,500 in August 2024, which was around 12% above the average August 2024 semi-detached price in the Maldon local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

18 OAK DRIVE Sold Prices

Land registry data shows three sales for 18 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the three 18 OAK DRIVE 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
2024 15 AUG	£357,500	£319,674	12% above HPI
2020 9 DEC	£315,000	£299,188	5% above HPI
2015 18 DEC	£249,995	£239,964	4% above HPI

18 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The three 18 OAK DRIVE sales between December 2015 and August 2024 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 December 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2024 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 18 OAK DRIVE be worth now?

18 OAK DRIVE might now be worth an estimated £382,630.

This is based on house price inflation of 7%, between August 2024 and February 2025, for semi-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 7% inflationary increase is applied to the most recent sale price for 18 OAK DRIVE of £357,500 on 15th August 2024. For the value to have increased from £357,500 to £382,630 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 18 OAK DRIVE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The August 2024 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 18 OAK DRIVE has not materially changed since August 2024.

How Large is 18 OAK DRIVE?

18 OAK DRIVE is 95m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of semi-detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southminster, and where 18 OAK DRIVE lies on this distribution: 22% of semi-detached houses houses are smaller than 18 OAK DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Southminster.

18 OAK DRIVE: Plot and Title Map

18 OAK DRIVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 18 OAK 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 18 OAK 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 18 OAK DRIVE?

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