48, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RX - £260,000

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

48 LAVENDER DRIVE is a large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £260,000 in July 2005, which was around 9% below the average July 2005 detached price in the Maldon local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

48 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 48 LAVENDER DRIVE 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. Two of the three 48 LAVENDER DRIVE sales were for below the average price, whilst one was 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
2005 14 JUL	£260,000	£286,519	9% below HPI
2003 25 NOV	£250,000	£258,241	3% below HPI
2001 9 FEB	£166,995	£164,464	2% above HPI

48 LAVENDER DRIVE 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 48 LAVENDER DRIVE sales between February 2001 and July 2005 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 November 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2005 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 LAVENDER DRIVE?

48 LAVENDER DRIVE is 143m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 48 LAVENDER DRIVE lies on this distribution: 73% of detached houses are smaller than 48 LAVENDER DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Southminster.

48 LAVENDER DRIVE: Plot and Title Map

48 LAVENDER DRIVE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 48 LAVENDER DRIVE, 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 48 LAVENDER DRIVE). 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 48 LAVENDER DRIVE?

48 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 48 on LAVENDER DRIVE.