23, MINSTER WAY, MALDON, CM9 6YT - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 MINSTER WAY is a very large extended detached house of 194m², built sometime between 1991 and 1995. It was last sold for £600,000 in September 2019, which was around 25% above the average September 2019 detached price in the Maldon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

23 MINSTER WAY Sold Prices

Land registry data shows four sales for 23 MINSTER WAY 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 23 MINSTER WAY sales were 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
2019 2 SEP	£600,000	£479,469	25% above HPI
2004 15 OCT	£355,000	£283,438	25% above HPI
2003 24 OCT	£346,500	£260,036	33% above HPI
1998 27 OCT	£162,000	£114,331	42% above HPI

23 MINSTER WAY 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 23 MINSTER WAY sales between October 1998 and September 2019 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 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2019 sale, which was also at 25% above the HPI.

How Large is 23 MINSTER WAY?

23 MINSTER WAY is 194m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 23 MINSTER WAY lies on this distribution: 96% of detached houses are smaller than 23 MINSTER WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Maldon.

23 MINSTER WAY: Plot and Title Map

23 MINSTER WAY sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 23 MINSTER WAY, 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 23 MINSTER WAY). 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 23 MINSTER WAY?

23 MINSTER WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 23 on MINSTER WAY.