3, BURNHAM ROAD, SOUTHMINSTER, CM0 7EP - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BURNHAM ROAD is a very small detached house of 49m², built sometime between 2007 and 2011, which could now be worth an estimated £297,207. It was last sold for £290,000 in February 2022, which was around 46% below the average February 2022 detached price in the Maldon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was A.

3 BURNHAM ROAD Sold Prices

Land registry data shows three sales for 3 BURNHAM ROAD 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 3 BURNHAM ROAD 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
2022 4 FEB	£290,000	£539,490	46% below HPI
2017 7 DEC	£217,000	£485,774	55% below HPI
2015 1 DEC	£175,500	£398,423	56% below HPI

3 BURNHAM ROAD 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 3 BURNHAM ROAD sales between December 2015 and February 2022 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 December 2017 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 3 BURNHAM ROAD be worth now?

3 BURNHAM ROAD might now be worth an estimated £297,207.

This is based on house price inflation of 2.5%, between February 2022 and February 2025, 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 2.5% inflationary increase is applied to the most recent sale price for 3 BURNHAM ROAD of £290,000 on 4th February 2022. For the value to have increased from £290,000 to £297,207 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 BURNHAM ROAD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The February 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURNHAM ROAD has not materially changed since February 2022.

How Large is 3 BURNHAM ROAD?

3 BURNHAM ROAD is 49m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 3 BURNHAM ROAD lies on this distribution: 2% of detached houses houses are smaller than 3 BURNHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Southminster.

3 BURNHAM ROAD: Plot and Title Map

3 BURNHAM ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 3 BURNHAM ROAD, 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 3 BURNHAM ROAD). 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 3 BURNHAM ROAD?

3 BURNHAM ROAD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 3 on BURNHAM ROAD.