62, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RX - £328,000

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

62 LAVENDER DRIVE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £328,000 in August 2021, which was around 36% below the average August 2021 detached price in the Maldon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

62 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 62 LAVENDER 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 62 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
2021 17 AUG	£328,000	£514,804	36% below HPI
2006 3 FEB	£185,500	£277,495	33% below HPI
2001 23 MAR	£110,995	£161,821	31% below HPI

62 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 three 62 LAVENDER DRIVE sales between March 2001 and August 2021 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 February 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 62 LAVENDER DRIVE?

62 LAVENDER DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 62 LAVENDER DRIVE lies on this distribution: 5% of detached houses are smaller than 62 LAVENDER DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Southminster.

62 LAVENDER DRIVE: Plot and Title Map

62 LAVENDER DRIVE sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 62 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 62 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 62 LAVENDER DRIVE?

62 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 62 on LAVENDER DRIVE.