Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 GILL CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £369,000 in August 2018, which was around 24% below the average August 2018 detached price in the Maldon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 4 GILL CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five 4 GILL CLOSE 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 |
---|---|---|---|
2018 23 AUG | £369,000 | £483,182 | 24% below HPI |
2011 14 DEC | £238,000 | £313,070 | 24% below HPI |
2008 10 JAN | £250,000 | £337,333 | 26% below HPI |
2002 21 JAN | £146,500 | £182,705 | 20% below HPI |
1996 20 SEP | £99,950 | £95,729 | 4% above HPI |
The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The five 4 GILL CLOSE sales between September 1996 and August 2018 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 December 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2018 sale, which was also at 24% below the HPI.
4 GILL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 4 GILL CLOSE lies on this distribution: 28% of detached houses are smaller than 4 GILL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Maldon.
4 GILL CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 4 GILL CLOSE, 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 4 GILL CLOSE). 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.
4 GILL CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 4 on GILL CLOSE.