40, BUTTERCUP WAY, SOUTHMINSTER, CM0 7RZ - £285,000

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

40 BUTTERCUP WAY is a midsized detached house of 122m², built sometime between 1996 and 2002. It was last sold for £285,000 in October 2014, which was around 21% below the average October 2014 detached price in the Maldon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

40 BUTTERCUP WAY Sold Prices

Land registry data shows four sales for 40 BUTTERCUP WAY 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 40 BUTTERCUP WAY 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
2014 2 OCT	£285,000	£359,304	21% below HPI
2007 19 JAN	£248,000	£307,047	19% below HPI
2002 30 AUG	£192,500	£215,406	11% below HPI
2000 14 FEB	£116,995	£137,650	15% below HPI

40 BUTTERCUP 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 four 40 BUTTERCUP WAY sales between February 2000 and October 2014 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 January 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40 BUTTERCUP WAY?

40 BUTTERCUP WAY is 122m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 40 BUTTERCUP WAY lies on this distribution: 55% of detached houses are smaller than 40 BUTTERCUP WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Southminster.

40 BUTTERCUP WAY: Plot and Title Map

40 BUTTERCUP WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 40 BUTTERCUP 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 40 BUTTERCUP 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 40 BUTTERCUP WAY?

40 BUTTERCUP WAY is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 40 on BUTTERCUP WAY.