23, RAMSEY CLOSE, HEYBRIDGE, MALDON, CM9 4YZ - £81,500

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

23 RAMSEY CLOSE is a midsized extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £425,960. It was last sold for £81,500 in August 1997, which was around 25% below the average August 1997 detached price in the Maldon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

23 RAMSEY CLOSE Sold Prices

Land registry data shows two sales for 23 RAMSEY CLOSE 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. Both of the two 23 RAMSEY CLOSE 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
1997 29 AUG	£81,500	£108,313	25% below HPI
1995 27 JAN	£77,000	£95,150	19% below HPI

23 RAMSEY CLOSE 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 23 RAMSEY CLOSE sales from January 1995 and August 1997 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 January 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 1997 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 23 RAMSEY CLOSE be worth now?

23 RAMSEY CLOSE might now be worth an estimated £425,960.

This is based on house price inflation of 422.7%, between August 1997 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 422.7% inflationary increase is applied to the most recent sale price for 23 RAMSEY CLOSE of £81,500 on 29th August 1997. For the value to have increased from £81,500 to £425,960 over the 26 years and eight months to December 2024, the following assumptions must hold true:

• The value of 23 RAMSEY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 1997 sale price of £81,500 represented a fair market value for the property.
• The size, condition, and specification of 23 RAMSEY CLOSE has not materially changed since August 1997.

How Large is 23 RAMSEY CLOSE?

23 RAMSEY CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% 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 23 RAMSEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 23 RAMSEY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Maldon.

23 RAMSEY CLOSE: Plot and Title Map

23 RAMSEY CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 23 RAMSEY CLOSE, 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 RAMSEY CLOSE). 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 RAMSEY CLOSE?

23 RAMSEY CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 23 on RAMSEY CLOSE.