55, SPITAL ROAD, MALDON, CM9 6DZ - £360,000

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

55 SPITAL ROAD is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £360,000 in June 2013, which was around 8% above the average June 2013 detached price in the Maldon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

55 SPITAL ROAD Sold Prices

Land registry data shows three sales for 55 SPITAL ROAD 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 55 SPITAL ROAD sales were for above the average price, whilst one was 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
2013 18 JUN	£360,000	£333,149	8% above HPI
2005 23 JUN	£275,000	£283,419	3% below HPI
1999 2 AUG	£137,000	£125,169	9% above HPI

55 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 three 55 SPITAL ROAD sales between August 1999 and June 2013 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2013 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 55 SPITAL ROAD?

55 SPITAL ROAD is 88m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 55 SPITAL ROAD lies on this distribution: 20% of detached houses are smaller than 55 SPITAL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Maldon.

55 SPITAL ROAD: Plot and Title Map

55 SPITAL ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 55 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 55 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 55 SPITAL ROAD?

55 SPITAL ROAD is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 55 on SPITAL ROAD.