4, GILL CLOSE, HEYBRIDGE, MALDON, CM9 4TF - £369,000

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

4 GILL CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £426,938. It was last sold for £369,000 in August 2018, which was around 25% 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.

4 GILL CLOSE Sold Prices

Land registry data shows five sales for 4 GILL CLOSE since 1^st 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	£489,275	25% below HPI
2011 14 DEC	£238,000	£317,018	25% below HPI
2008 10 JAN	£250,000	£341,587	27% below HPI
2002 21 JAN	£146,500	£185,009	21% below HPI
1996 20 SEP	£99,950	£96,936	3% above HPI

4 GILL CLOSE 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 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2018 sale, which was also at 25% below the HPI.

What might 4 GILL CLOSE be worth now?

4 GILL CLOSE might now be worth an estimated £426,938.

This is based on house price inflation of 15.7%, between August 2018 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 15.7% inflationary increase is applied to the most recent sale price for 4 GILL CLOSE of £369,000 on 23rd August 2018. For the value to have increased from £369,000 to £426,938 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 GILL CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2018 sale price of £369,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GILL CLOSE has not materially changed since August 2018.

How Large is 4 GILL CLOSE?

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 houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 4 GILL CLOSE lies on this distribution: 28% of detached houses 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: Plot and Title Map

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.

Where is 4 GILL CLOSE?

4 GILL CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 4 on GILL CLOSE.