5, JOHNSTON WAY, MALDON, CM9 6XZ - £399,000

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

5 JOHNSTON WAY is a small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £399,000 in January 2018, which was around 17% below the average January 2018 detached price in the Maldon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

5 JOHNSTON WAY Sold Prices

Land registry data shows six sales for 5 JOHNSTON WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the six 5 JOHNSTON 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
2018 8 JAN	£399,000	£483,004	17% below HPI
2007 28 JUN	£258,000	£311,096	17% below HPI
2005 11 MAR	£230,000	£273,885	16% below HPI
2004 23 DEC	£230,000	£288,815	20% below HPI
1999 2 DEC	£120,000	£132,785	10% below HPI
1996 28 JUN	£89,995	£91,905	2% below HPI

5 JOHNSTON 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 six 5 JOHNSTON WAY sales between June 1996 and January 2018 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 June 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2018 sale, which was also at 17% below the HPI.

How Large is 5 JOHNSTON WAY?

5 JOHNSTON WAY is 103m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 5 JOHNSTON WAY lies on this distribution: 39% of detached houses are smaller than 5 JOHNSTON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Maldon.

5 JOHNSTON WAY: Plot and Title Map

5 JOHNSTON WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 JOHNSTON 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 5 JOHNSTON 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 5 JOHNSTON WAY?

5 JOHNSTON WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 5 on JOHNSTON WAY.