4, MERMAID WAY, MALDON, CM9 5LA - £475,000

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

4 MERMAID WAY is a very large detached house of 180m², built sometime between 1996 and 2002. It was last sold for £475,000 in December 2015, which was around 21% above the average December 2015 detached price in the Maldon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

4 MERMAID WAY Sold Prices

Land registry data shows three sales for 4 MERMAID WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three 4 MERMAID WAY sales were for above 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
2015 18 DEC	£475,000	£393,461	21% above HPI
2002 15 FEB	£293,000	£186,862	57% above HPI
1998 26 JUN	£197,995	£117,705	68% above HPI

4 MERMAID WAY 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 three 4 MERMAID WAY sales between June 1998 and December 2015 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 February 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2015 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 4 MERMAID WAY?

4 MERMAID WAY is 180m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% 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 MERMAID WAY lies on this distribution: 94% of detached houses are smaller than 4 MERMAID WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Maldon.

4 MERMAID WAY: Plot and Title Map

4 MERMAID WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 4 MERMAID WAY, 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 MERMAID WAY). 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 MERMAID WAY?

4 MERMAID WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 4 on MERMAID WAY.