2, WATERWORKS ROAD, TOLLESBURY, MALDON, CM9 8RF - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WATERWORKS ROAD is a large detached house of 168m², built sometime between 2003 and 2006. It was last sold for £450,000 in July 2018, which was around 8% below the average July 2018 detached price in the Maldon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

2 WATERWORKS ROAD Sold Prices

Land registry data shows three sales for 2 WATERWORKS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Two of the three 2 WATERWORKS ROAD sales were for below the average price, whilst one 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
2018 12 JUL	£450,000	£490,639	8% below HPI
2005 31 MAY	£293,000	£277,606	6% above HPI
1996 31 MAY	£45,000	£90,901	50% below HPI

2 WATERWORKS ROAD 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 three 2 WATERWORKS ROAD sales between May 1996 and July 2018 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 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 WATERWORKS ROAD?

2 WATERWORKS ROAD is 168m² according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Tollesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tollesbury, and where 2 WATERWORKS ROAD lies on this distribution: 80% of detached houses are smaller than 2 WATERWORKS ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Tollesbury.

2 WATERWORKS ROAD: Plot and Title Map

2 WATERWORKS ROAD sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 2 WATERWORKS ROAD, 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 WATERWORKS ROAD). 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 WATERWORKS ROAD?

2 WATERWORKS ROAD is located in TOLLESBURY, in the CM9 postcode district. The below map shows the position of No. 2 on WATERWORKS ROAD.