48A, SPITAL ROAD, MALDON, CM9 6ED - £221,500

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

48A SPITAL ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £221,500 in February 2006, which was around 20% below the average February 2006 detached price in the Maldon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was D.

48A SPITAL ROAD Sold Prices

Land registry data shows two sales for 48A SPITAL ROAD since 1^st 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 48A SPITAL 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
2006 6 FEB	£221,500	£277,495	20% below HPI
1998 24 JUL	£96,000	£118,004	19% below HPI

48A SPITAL ROAD 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 two 48A SPITAL ROAD sales from July 1998 and February 2006 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 July 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2006 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48A SPITAL ROAD?

48A SPITAL ROAD is 89m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 48A SPITAL ROAD lies on this distribution: 21% of detached houses are smaller than 48A SPITAL ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Maldon.

48A SPITAL ROAD: Plot and Title Map

48A SPITAL ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 48A SPITAL 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 48A SPITAL 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.

Where is 48A SPITAL ROAD?

48A SPITAL ROAD is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 48A on SPITAL ROAD.