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

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 WATERWORKS ROAD is a large detached house of 168m², built sometime between 2003 and 2006, which could now be worth an estimated £500,786. It was last sold for £450,000 in July 2018, which was around 9% 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	£496,826	9% below HPI
2005 31 MAY	£293,000	£281,106	4% above HPI
1996 31 MAY	£45,000	£92,047	51% 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 WATERWORKS ROAD be worth now?

2 WATERWORKS ROAD might now be worth an estimated £500,786.

This is based on house price inflation of 11.3%, between July 2018 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 WATERWORKS ROAD of £450,000 on 12th July 2018. For the value to have increased from £450,000 to £500,786 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 WATERWORKS ROAD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The July 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WATERWORKS ROAD has not materially changed since July 2018.

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 houses in Tollesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tollesbury, and where 2 WATERWORKS ROAD lies on this distribution: 80% of detached houses 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.