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

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

8 MARKLAND DRIVE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. 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	£542,447	6% below HPI
2009 7 AUG	£315,000	£281,563	12% above HPI
2007 19 NOV	£349,950	£331,749	5% 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 12% above the HPI. So the extrapolation line tracks at 12% 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.

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 in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 8 MARKLAND DRIVE lies on this distribution: 52% of detached 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.