28, MEMORY CLOSE, MALDON, CM9 6XT - £485,000

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

28 MEMORY CLOSE is a large detached house of 121m², built sometime between 1991 and 1995. It was last sold for £485,000 in February 2021, which was around 1% below the average February 2021 detached price in the Maldon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

28 MEMORY CLOSE Sold Prices

Land registry data shows five sales for 28 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five 28 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
2021 19 FEB	£485,000	£491,892	1% below HPI
2013 17 JUL	£340,000	£332,955	2% above HPI
2004 30 JUL	£280,000	£277,531	1% above HPI
1998 4 SEP	£145,000	£117,216	24% above HPI
1996 29 MAR	£119,000	£92,292	29% above HPI

28 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 five 28 MEMORY CLOSE sales between March 1996 and February 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 July 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 28 MEMORY CLOSE?

28 MEMORY CLOSE is 121m² according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 28 MEMORY CLOSE lies on this distribution: 61% of detached houses are smaller than 28 MEMORY CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Maldon.

28 MEMORY CLOSE: Plot and Title Map

28 MEMORY CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 28 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 28 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 28 MEMORY CLOSE?

28 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 28 on MEMORY CLOSE.