51, WALLACE BINDER CLOSE, MALDON, CM9 6LG - £450,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

51 WALLACE BINDER CLOSE is a very large extended detached house of 158m², built sometime between 1991 and 1995, which could now be worth an estimated £545,555. It was last sold for £450,500 in December 2016, which was around 1% below the average December 2016 detached price in the Maldon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

51 WALLACE BINDER CLOSE Sold Prices

Land registry data shows three sales for 51 WALLACE BINDER CLOSE 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 51 WALLACE BINDER CLOSE 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
2016 16 DEC	£450,500	£456,563	1% below HPI
2011 30 JUN	£320,000	£323,618	1% below HPI
1995 21 DEC	£112,000	£94,028	19% above HPI

51 WALLACE BINDER CLOSE 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 51 WALLACE BINDER CLOSE sales between December 1995 and December 2016 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2016 sale, which was also at 1% below the HPI.

What might 51 WALLACE BINDER CLOSE be worth now?

51 WALLACE BINDER CLOSE might now be worth an estimated £545,555.

This is based on house price inflation of 21.1%, between December 2016 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 51 WALLACE BINDER CLOSE of £450,500 on 16th December 2016. For the value to have increased from £450,500 to £545,555 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 51 WALLACE BINDER CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2016 sale price of £450,500 represented a fair market value for the property.
• The size, condition, and specification of 51 WALLACE BINDER CLOSE has not materially changed since December 2016.

How Large is 51 WALLACE BINDER CLOSE?

51 WALLACE BINDER CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 51 WALLACE BINDER CLOSE lies on this distribution: 87% of detached houses houses are smaller than 51 WALLACE BINDER CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Maldon.

51 WALLACE BINDER CLOSE: Plot and Title Map

51 WALLACE BINDER CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 51 WALLACE BINDER CLOSE, 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 51 WALLACE BINDER CLOSE). 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 51 WALLACE BINDER CLOSE?

51 WALLACE BINDER CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 51 on WALLACE BINDER CLOSE.