3, REDSHANK DRIVE, HEYBRIDGE, MALDON, CM9 4UE - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 REDSHANK DRIVE is a midsized detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £437,015. It was last sold for £375,000 in August 2020, which was around 23% below the average August 2020 detached price in the Maldon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

3 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 3 REDSHANK DRIVE 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 REDSHANK DRIVE 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
2020 28 AUG	£375,000	£485,765	23% below HPI
2017 30 NOV	£355,000	£488,356	27% below HPI

3 REDSHANK DRIVE 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 REDSHANK DRIVE sales from November 2017 and August 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 REDSHANK DRIVE be worth now?

3 REDSHANK DRIVE might now be worth an estimated £437,015.

This is based on house price inflation of 16.5%, between August 2020 and December 2024, 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 16.5% inflationary increase is applied to the most recent sale price for 3 REDSHANK DRIVE of £375,000 on 28th August 2020. For the value to have increased from £375,000 to £437,015 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 REDSHANK DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDSHANK DRIVE has not materially changed since August 2020.

How Large is 3 REDSHANK DRIVE?

3 REDSHANK DRIVE is 113m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 3 REDSHANK DRIVE lies on this distribution: 52% of detached houses houses are smaller than 3 REDSHANK DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Maldon.

3 REDSHANK DRIVE: Plot and Title Map

3 REDSHANK DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 REDSHANK DRIVE, 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 REDSHANK DRIVE). 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 REDSHANK DRIVE?

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