3, GILL CLOSE, HEYBRIDGE, MALDON, CM9 4TF - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GILL CLOSE is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2016, which was around 22% below the average August 2016 detached price in the Maldon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

3 GILL CLOSE Sold Prices

Land registry data shows four sales for 3 GILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 3 GILL 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
2016 26 AUG	£340,000	£433,227	22% below HPI
2006 17 FEB	£203,000	£277,495	27% below HPI
2000 26 SEP	£117,000	£160,443	27% below HPI
1996 31 DEC	£79,950	£96,711	17% below HPI

3 GILL 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 four 3 GILL CLOSE sales between December 1996 and August 2016 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 February 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 GILL CLOSE?

3 GILL CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 3 GILL CLOSE lies on this distribution: 9% of detached houses are smaller than 3 GILL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Maldon.

3 GILL CLOSE: Plot and Title Map

3 GILL CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 3 GILL 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 3 GILL 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 3 GILL CLOSE?

3 GILL CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 3 on GILL CLOSE.