3, BURRSWOOD PLACE, HEYBRIDGE BASIN, MALDON, CM9 4UQ - £475,000

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 BURRSWOOD PLACE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £523,471. It was last sold for £475,000 in December 2020, which was around 5% below the average December 2020 detached price in the Maldon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 BURRSWOOD PLACE Sold Prices

Land registry data shows three sales for 3 BURRSWOOD PLACE 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. Two of the three 3 BURRSWOOD PLACE sales were for below the average price, whilst one was 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
2020 9 DEC	£475,000	£501,701	5% below HPI
2016 28 OCT	£385,000	£449,075	14% below HPI
1998 19 FEB	£122,000	£114,533	7% above HPI

3 BURRSWOOD PLACE 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 BURRSWOOD PLACE sales between February 1998 and December 2020 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 BURRSWOOD PLACE be worth now?

3 BURRSWOOD PLACE might now be worth an estimated £523,471.

This is based on house price inflation of 10.2%, between December 2020 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 10.2% inflationary increase is applied to the most recent sale price for 3 BURRSWOOD PLACE of £475,000 on 9th December 2020. For the value to have increased from £475,000 to £523,471 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 BURRSWOOD PLACE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURRSWOOD PLACE has not materially changed since December 2020.

How Large is 3 BURRSWOOD PLACE?

3 BURRSWOOD PLACE is 79m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Heybridge Basin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heybridge Basin, and where 3 BURRSWOOD PLACE lies on this distribution: 4% of detached houses houses are smaller than 3 BURRSWOOD PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Heybridge Basin.

3 BURRSWOOD PLACE: Plot and Title Map

3 BURRSWOOD PLACE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 3 BURRSWOOD PLACE, 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 BURRSWOOD PLACE). 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 BURRSWOOD PLACE?

3 BURRSWOOD PLACE is located in HEYBRIDGE BASIN, in the CM9 postcode district. The below map shows the position of No. 3 on BURRSWOOD PLACE.