71, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RQ - £455,000

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

71 LAVENDER DRIVE is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £455,000 in March 2024, which was around 15% below the average March 2024 detached price in the Maldon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

71 LAVENDER DRIVE Sold Prices

Land registry data shows two sales for 71 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 71 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
2024 21 MAR	£455,000	£534,000	15% below HPI
2001 2 MAR	£150,000	£161,821	7% below HPI

71 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 two 71 LAVENDER DRIVE sales from March 2001 and March 2024 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 March 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 71 LAVENDER DRIVE?

71 LAVENDER DRIVE is 132m² according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 71 LAVENDER DRIVE lies on this distribution: 62% of detached houses are smaller than 71 LAVENDER DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Southminster.

71 LAVENDER DRIVE: Plot and Title Map

71 LAVENDER DRIVE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 71 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 71 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 71 LAVENDER DRIVE?

71 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 71 on LAVENDER DRIVE.