7, SMYATTS CLOSE, SOUTHMINSTER, CM0 7JT - £345,000

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.

7 SMYATTS CLOSE is a very large detached house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £600,373. It was last sold for £345,000 in November 2011, which was around 9% above the average November 2011 detached price in the Maldon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

7 SMYATTS CLOSE Sold Prices

Land registry data shows three sales for 7 SMYATTS 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. All of the three 7 SMYATTS CLOSE sales were 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
2011 24 NOV	£345,000	£317,718	9% above HPI
2005 7 SEP	£355,000	£288,372	23% above HPI
1999 7 APR	£182,995	£116,889	57% above HPI

7 SMYATTS 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 7 SMYATTS CLOSE sales between April 1999 and November 2011 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 September 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2011 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 SMYATTS CLOSE be worth now?

7 SMYATTS CLOSE might now be worth an estimated £600,373.

This is based on house price inflation of 74%, between November 2011 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 74% inflationary increase is applied to the most recent sale price for 7 SMYATTS CLOSE of £345,000 on 24th November 2011. For the value to have increased from £345,000 to £600,373 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 SMYATTS CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2011 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SMYATTS CLOSE has not materially changed since November 2011.

How Large is 7 SMYATTS CLOSE?

7 SMYATTS CLOSE is 168m² according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 7 SMYATTS CLOSE lies on this distribution: 89% of detached houses houses are smaller than 7 SMYATTS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Southminster.

7 SMYATTS CLOSE: Plot and Title Map

7 SMYATTS CLOSE sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 7 SMYATTS 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 7 SMYATTS 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 7 SMYATTS CLOSE?

7 SMYATTS CLOSE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 7 on SMYATTS CLOSE.