3, SPINNAKER DRIVE, HEYBRIDGE BASIN, MALDON, CM9 4UG - £325,000

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 SPINNAKER DRIVE is a small detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £542,506. It was last sold for £325,000 in October 2013, which was around 2% below the average October 2013 detached price in the Maldon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

3 SPINNAKER DRIVE Sold Prices

Land registry data shows two sales for 3 SPINNAKER 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. One of the two 3 SPINNAKER DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2013 1 OCT	£325,000	£331,225	2% below HPI
2006 5 OCT	£299,500	£299,893	Close to HPI

3 SPINNAKER 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 SPINNAKER DRIVE sales from October 2006 and October 2013 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 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 SPINNAKER DRIVE be worth now?

3 SPINNAKER DRIVE might now be worth an estimated £542,506.

This is based on house price inflation of 66.9%, between October 2013 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 66.9% inflationary increase is applied to the most recent sale price for 3 SPINNAKER DRIVE of £325,000 on 1st October 2013. For the value to have increased from £325,000 to £542,506 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SPINNAKER DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2013 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPINNAKER DRIVE has not materially changed since October 2013.

How Large is 3 SPINNAKER DRIVE?

3 SPINNAKER DRIVE is 112m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% 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 SPINNAKER DRIVE lies on this distribution: 34% of detached houses houses are smaller than 3 SPINNAKER DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Heybridge Basin.

3 SPINNAKER DRIVE: Plot and Title Map

3 SPINNAKER DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 SPINNAKER 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 SPINNAKER 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 SPINNAKER DRIVE?

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