2, CEDAR CHASE, HEYBRIDGE, MALDON, CM9 4NR - £240,000

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

2 CEDAR CHASE is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £401,009. It was last sold for £240,000 in March 2014, which was around 29% below the average March 2014 detached price in the Maldon local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2 CEDAR CHASE Sold Prices

Land registry data shows four sales for 2 CEDAR CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 2 CEDAR CHASE 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
2014 21 MAR	£240,000	£338,804	29% below HPI
2003 14 MAY	£165,000	£248,052	33% below HPI
2001 14 SEP	£129,000	£182,357	29% below HPI
1999 4 JUN	£32,000	£120,573	73% below HPI

2 CEDAR CHASE 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 four 2 CEDAR CHASE sales between June 1999 and March 2014 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 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 CEDAR CHASE be worth now?

2 CEDAR CHASE might now be worth an estimated £401,009.

This is based on house price inflation of 67.1%, between March 2014 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 67.1% inflationary increase is applied to the most recent sale price for 2 CEDAR CHASE of £240,000 on 21st March 2014. For the value to have increased from £240,000 to £401,009 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 2 CEDAR CHASE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CEDAR CHASE has not materially changed since March 2014.

How Large is 2 CEDAR CHASE?

2 CEDAR CHASE is 79m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% 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 2 CEDAR CHASE lies on this distribution: 10% of detached houses houses are smaller than 2 CEDAR CHASE, and 90% of houses are larger. Note that EPC data is not available for all properties in Maldon.

2 CEDAR CHASE: Plot and Title Map

2 CEDAR CHASE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 2 CEDAR CHASE, 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 2 CEDAR CHASE). 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 2 CEDAR CHASE?

2 CEDAR CHASE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 2 on CEDAR CHASE.