5, PARK DRIVE, MALDON, CM9 5JG - £363,500

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

5 PARK DRIVE is a midsized detached house of 111m², built sometime between 1930 and 1949. It was last sold for £363,500 in March 2022, which was around 32% below the average March 2022 detached price in the Maldon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

5 PARK DRIVE Sold Prices

Land registry data shows three sales for 5 PARK 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. All of the three 5 PARK DRIVE 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
2022 25 MAR	£363,500	£537,569	32% below HPI
2003 22 SEP	£165,000	£260,946	37% below HPI
1999 25 OCT	£30,800	£131,847	77% below HPI

5 PARK 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 5 PARK DRIVE sales between October 1999 and March 2022 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 September 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 PARK DRIVE?

5 PARK DRIVE is 111m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 PARK DRIVE lies on this distribution: 49% of detached houses are smaller than 5 PARK DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Maldon.

5 PARK DRIVE: Plot and Title Map

5 PARK DRIVE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 5 PARK 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 5 PARK 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 5 PARK DRIVE?

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