2, ORCHARD CLOSE, SOUTHMINSTER, CM0 7DH - £329,000

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.

2 ORCHARD CLOSE is a large detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £365,174. It was last sold for £329,000 in June 2021, which was around 34% below the average June 2021 detached price in the Maldon local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 2 ORCHARD CLOSE 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 ORCHARD CLOSE 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
2021 11 JUN	£329,000	£498,127	34% below HPI
2020 13 OCT	£253,000	£486,462	48% below HPI
1999 12 FEB	£95,000	£118,733	20% below HPI
1996 5 JUL	£72,000	£94,849	24% below HPI

2 ORCHARD 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 four 2 ORCHARD CLOSE sales between July 1996 and June 2021 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 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £365,174.

This is based on house price inflation of 11%, between June 2021 and February 2025, 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 11% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £329,000 on 11th June 2021. For the value to have increased from £329,000 to £365,174 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The June 2021 sale price of £329,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since June 2021.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 137m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 2 ORCHARD CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 ORCHARD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Southminster.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.