4, THE ASPENS, SOUTHMINSTER, CM0 7FJ - £399,000

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.

4 THE ASPENS is a large detached house of 139m², which could now be worth an estimated £439,716. It was last sold for £399,000 in December 2020, which was around 20% below the average December 2020 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.

4 THE ASPENS Sold Prices

Land registry data shows four sales for 4 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 4 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
2020 11 DEC	£399,000	£501,701	20% below HPI
2020 27 OCT	£392,000	£486,462	19% below HPI
2015 17 DEC	£350,000	£398,423	12% below HPI
2014 19 DEC	£322,995	£361,161	11% below HPI

4 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 4 THE ASPENS sales between December 2014 and December 2020 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 THE ASPENS be worth now?

4 THE ASPENS might now be worth an estimated £439,716.

This is based on house price inflation of 10.2%, between December 2020 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 10.2% inflationary increase is applied to the most recent sale price for 4 THE ASPENS of £399,000 on 11th December 2020. For the value to have increased from £399,000 to £439,716 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 THE ASPENS has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2020 sale price of £399,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ASPENS has not materially changed since December 2020.

How Large is 4 THE ASPENS?

4 THE ASPENS is 139m² according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 4 THE ASPENS lies on this distribution: 67% of detached houses houses are smaller than 4 THE ASPENS, and 30% of houses are larger. Note that EPC data is not available for all properties in Southminster.

4 THE ASPENS: Plot and Title Map

4 THE ASPENS sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 4 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 4 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 4 THE ASPENS?

4 THE ASPENS is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 4 on THE ASPENS.