59, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RQ - £460,000

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

59 LAVENDER DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £460,000 in August 2023, which was around 19% below the average August 2023 detached price in the Maldon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

59 LAVENDER DRIVE Sold Prices

Land registry data shows five sales for 59 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five 59 LAVENDER 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
2023 4 AUG	£460,000	£571,264	19% below HPI
2019 13 DEC	£375,000	£485,797	23% below HPI
2011 21 APR	£260,000	£314,602	17% below HPI
2003 12 DEC	£235,000	£263,176	11% below HPI
2000 31 OCT	£161,995	£158,205	2% above HPI

59 LAVENDER 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 five 59 LAVENDER DRIVE sales between October 2000 and August 2023 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 December 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 59 LAVENDER DRIVE?

59 LAVENDER DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 59 LAVENDER DRIVE lies on this distribution: 25% of detached houses are smaller than 59 LAVENDER DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Southminster.

59 LAVENDER DRIVE: Plot and Title Map

59 LAVENDER DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 59 LAVENDER 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 59 LAVENDER 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 59 LAVENDER DRIVE?

59 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 59 on LAVENDER DRIVE.