24, MEMORY CLOSE, MALDON, CM9 6XT - £133,000

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

24 MEMORY CLOSE is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £133,000 in March 1999, which was around 15% above the average March 1999 detached price in the Maldon local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

24 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 24 MEMORY 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 24 MEMORY CLOSE 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
1999 22 MAR	£133,000	£115,247	15% above HPI
1996 12 SEP	£122,000	£95,729	27% above HPI

24 MEMORY 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 24 MEMORY CLOSE sales from September 1996 and March 1999 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 September 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 1999 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 24 MEMORY CLOSE?

24 MEMORY CLOSE is 136m² according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 24 MEMORY CLOSE lies on this distribution: 73% of detached houses are smaller than 24 MEMORY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Maldon.

24 MEMORY CLOSE: Plot and Title Map

24 MEMORY CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 24 MEMORY 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 24 MEMORY 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 24 MEMORY CLOSE?

24 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 24 on MEMORY CLOSE.