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
41 NEW ROAD is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £260,000 in July 2011, which was around 19% below the average July 2011 detached price in the Maldon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 41 NEW ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 41 NEW ROAD 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 |
---|---|---|---|
2011 29 JUL | £260,000 | £320,957 | 19% below HPI |
2008 4 FEB | £280,000 | £334,890 | 16% below HPI |
The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 41 NEW ROAD sales from February 2008 and July 2011 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 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
41 NEW ROAD is 127m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Tollesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tollesbury, and where 41 NEW ROAD lies on this distribution: 58% of detached houses are smaller than 41 NEW ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Tollesbury.
41 NEW ROAD sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 41 NEW ROAD, 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 41 NEW ROAD). 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.
41 NEW ROAD is located in TOLLESBURY, in the CM9 postcode district. The below map shows the position of No. 41 on NEW ROAD.