2, THE COURTYARD, SOUTHMINSTER, CM0 7GF - £415,000

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 THE COURTYARD is a very large detached house of 179m², built sometime between 2003 and 2006, which could now be worth an estimated £461,769. It was last sold for £415,000 in May 2021, which was around 16% below the average May 2021 detached price in the Maldon local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 THE COURTYARD Sold Prices

Land registry data shows two sales for 2 THE COURTYARD 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 2 THE COURTYARD 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
2021 28 MAY	£415,000	£496,898	16% below HPI
2006 25 APR	£295,000	£284,925	4% above HPI

2 THE COURTYARD 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 2 THE COURTYARD sales from April 2006 and May 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 April 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 THE COURTYARD be worth now?

2 THE COURTYARD might now be worth an estimated £461,769.

This is based on house price inflation of 11.3%, between May 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 11.3% inflationary increase is applied to the most recent sale price for 2 THE COURTYARD of £415,000 on 28th May 2021. For the value to have increased from £415,000 to £461,769 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 THE COURTYARD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The May 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COURTYARD has not materially changed since May 2021.

How Large is 2 THE COURTYARD?

2 THE COURTYARD is 179m² according to the EPC inspection conducted in December 2020. This puts it in the largest 10% 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 THE COURTYARD lies on this distribution: 92% of detached houses houses are smaller than 2 THE COURTYARD, and 7% of houses are larger. Note that EPC data is not available for all properties in Southminster.

2 THE COURTYARD: Plot and Title Map

2 THE COURTYARD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 2 THE COURTYARD, 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 THE COURTYARD). 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 THE COURTYARD?

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