21, MERCURY PLACE, HEYBRIDGE, MALDON, CM9 4PN - £485,000

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

21 MERCURY PLACE is a large extended detached house of 122m², built sometime from 2007 onwards, which could now be worth an estimated £551,180. It was last sold for £485,000 in June 2021, which was around 3% below the average June 2021 detached price in the Maldon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

21 MERCURY PLACE Sold Prices

Land registry data shows three sales for 21 MERCURY PLACE 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. All of the three 21 MERCURY PLACE 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 29 JUN	£485,000	£498,127	3% below HPI
2015 27 NOV	£395,000	£398,803	1% below HPI
2007 6 JUN	£304,950	£315,019	3% below HPI

21 MERCURY PLACE 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 21 MERCURY PLACE sales between June 2007 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 November 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 21 MERCURY PLACE be worth now?

21 MERCURY PLACE might now be worth an estimated £551,180.

This is based on house price inflation of 13.6%, between June 2021 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 13.6% inflationary increase is applied to the most recent sale price for 21 MERCURY PLACE of £485,000 on 29th June 2021. For the value to have increased from £485,000 to £551,180 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 21 MERCURY PLACE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The June 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MERCURY PLACE has not materially changed since June 2021.

How Large is 21 MERCURY PLACE?

21 MERCURY PLACE is 122m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% 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 21 MERCURY PLACE lies on this distribution: 62% of detached houses houses are smaller than 21 MERCURY PLACE, and 38% of houses are larger. Note that EPC data is not available for all properties in Maldon.

21 MERCURY PLACE: Plot and Title Map

21 MERCURY PLACE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 21 MERCURY PLACE, 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 21 MERCURY PLACE). 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 21 MERCURY PLACE?

21 MERCURY PLACE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 21 on MERCURY PLACE.