3, THE ASPENS, SOUTHMINSTER, CM0 7FJ - £445,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

3 THE ASPENS is a large detached house of 131m². It was last sold for £445,000 in July 2022, which was around 19% below the average July 2022 detached price in the Maldon local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

3 THE ASPENS Sold Prices

Land registry data shows four sales for 3 THE ASPENS 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 THE ASPENS 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
2022 25 JUL	£445,000	£548,227	19% below HPI
2020 2 OCT	£382,500	£480,404	20% below HPI
2020 16 MAR	£380,000	£473,808	20% below HPI
2014 22 DEC	£312,995	£356,664	12% below HPI

3 THE ASPENS 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 THE ASPENS sales between December 2014 and July 2022 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 THE ASPENS?

3 THE ASPENS is 131m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 3 THE ASPENS lies on this distribution: 60% of detached houses are smaller than 3 THE ASPENS, and 39% of houses are larger. Note that EPC data is not available for all properties in Southminster.

3 THE ASPENS: Plot and Title Map

3 THE ASPENS sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 THE ASPENS, 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 THE ASPENS). 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 THE ASPENS?

3 THE ASPENS is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 3 on THE ASPENS.