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

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 REDSHANK DRIVE is a midsized detached house of 113m², built sometime between 1976 and 1982. It was last sold for £375,000 in August 2020, which was around 22% 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	£479,716	22% below HPI
2017 30 NOV	£355,000	£482,274	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 3 REDSHANK DRIVE lies on this distribution: 52% of detached 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.