8, MARKLAND DRIVE, MALDON, CM9 6UD - £510,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 MARKLAND DRIVE is a midsized extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £531,910. It was last sold for £510,000 in January 2024, which was around 6% below the average January 2024 detached price in the Maldon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

8 MARKLAND DRIVE Sold Prices

Land registry data shows three sales for 8 MARKLAND 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. One of the three 8 MARKLAND DRIVE sales was for below the average price, whilst two 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
2024 12 JAN	£510,000	£542,780	6% below HPI
2009 7 AUG	£315,000	£285,113	10% above HPI
2007 19 NOV	£349,950	£335,933	4% above HPI

8 MARKLAND 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 8 MARKLAND DRIVE sales between November 2007 and January 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 August 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 MARKLAND DRIVE be worth now?

8 MARKLAND DRIVE might now be worth an estimated £531,910.

This is based on house price inflation of 4.3%, between January 2024 and December 2024, 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 4.3% inflationary increase is applied to the most recent sale price for 8 MARKLAND DRIVE of £510,000 on 12th January 2024. For the value to have increased from £510,000 to £531,910 over the one month to December 2024, the following assumptions must hold true:

• The value of 8 MARKLAND DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The January 2024 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARKLAND DRIVE has not materially changed since January 2024.

How Large is 8 MARKLAND DRIVE?

8 MARKLAND DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 8 MARKLAND DRIVE lies on this distribution: 52% of detached houses houses are smaller than 8 MARKLAND DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Maldon.

8 MARKLAND DRIVE: Plot and Title Map

8 MARKLAND DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 8 MARKLAND 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 8 MARKLAND 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 8 MARKLAND DRIVE?

8 MARKLAND DRIVE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 8 on MARKLAND DRIVE.