3, JOHNSTON WAY, MALDON, CM9 6XZ - £415,000

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

3 JOHNSTON WAY is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £415,000 in August 2014, which was around 17% above the average August 2014 detached price in the Maldon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 JOHNSTON WAY Sold Prices

Land registry data shows two sales for 3 JOHNSTON WAY 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 3 JOHNSTON WAY 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
2014 14 AUG	£415,000	£353,891	17% above HPI
1996 4 JUN	£137,995	£91,905	50% above HPI

3 JOHNSTON WAY 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 3 JOHNSTON WAY sales from June 1996 and August 2014 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 June 1996 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 JOHNSTON WAY?

3 JOHNSTON WAY is 137m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 3 JOHNSTON WAY lies on this distribution: 74% of detached houses are smaller than 3 JOHNSTON WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Maldon.

3 JOHNSTON WAY: Plot and Title Map

3 JOHNSTON WAY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 3 JOHNSTON WAY, 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 JOHNSTON WAY). 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 JOHNSTON WAY?

3 JOHNSTON WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 3 on JOHNSTON WAY.