6, MELL ROAD, TOLLESBURY, MALDON, CM9 8SP - £550,000

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.

6 MELL ROAD is a very small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £613,131. It was last sold for £550,000 in February 2019, which was around 11% above the average February 2019 detached price in the Maldon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

6 MELL ROAD Sold Prices

Land registry data shows three sales for 6 MELL 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. One of the three 6 MELL ROAD sales was for above the average price, whilst two 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
2019 22 FEB	£550,000	£495,968	11% above HPI
2017 27 JUL	£395,000	£466,022	15% below HPI
2007 24 SEP	£275,000	£323,481	15% below HPI

6 MELL 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 6 MELL ROAD sales between September 2007 and February 2019 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 July 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 6 MELL ROAD be worth now?

6 MELL ROAD might now be worth an estimated £613,131.

This is based on house price inflation of 11.5%, between February 2019 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 11.5% inflationary increase is applied to the most recent sale price for 6 MELL ROAD of £550,000 on 22nd February 2019. For the value to have increased from £550,000 to £613,131 over the six years to February 2025, the following assumptions must hold true:

• The value of 6 MELL ROAD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The February 2019 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MELL ROAD has not materially changed since February 2019.

How Large is 6 MELL ROAD?

6 MELL ROAD is 94m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Tollesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tollesbury, and where 6 MELL ROAD lies on this distribution: 18% of detached houses houses are smaller than 6 MELL ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Tollesbury.

6 MELL ROAD: Plot and Title Map

6 MELL ROAD sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of 6 MELL 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 6 MELL 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 6 MELL ROAD?

6 MELL ROAD is located in TOLLESBURY, in the CM9 postcode district. The below map shows the position of No. 6 on MELL ROAD.