8, VIRLEY CLOSE, HEYBRIDGE, MALDON, CM9 4YS - £335,000

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 VIRLEY CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £378,000. It was last sold for £335,000 in December 2020, which was around 33% below the average December 2020 detached price in the Maldon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

8 VIRLEY CLOSE Sold Prices

Land registry data shows four sales for 8 VIRLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 8 VIRLEY CLOSE 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
2020 4 DEC	£335,000	£501,701	33% below HPI
2005 14 JAN	£232,000	£292,119	21% below HPI
2002 5 APR	£130,000	£196,708	34% below HPI
2000 28 JUL	£110,000	£153,314	28% below HPI

8 VIRLEY 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 four 8 VIRLEY CLOSE sales between July 2000 and December 2020 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 January 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 VIRLEY CLOSE be worth now?

8 VIRLEY CLOSE might now be worth an estimated £378,000.

This is based on house price inflation of 12.8%, between December 2020 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 12.8% inflationary increase is applied to the most recent sale price for 8 VIRLEY CLOSE of £335,000 on 4th December 2020. For the value to have increased from £335,000 to £378,000 over the four years to December 2024, the following assumptions must hold true:

• The value of 8 VIRLEY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VIRLEY CLOSE has not materially changed since December 2020.

How Large is 8 VIRLEY CLOSE?

8 VIRLEY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% 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 VIRLEY CLOSE lies on this distribution: 37% of detached houses houses are smaller than 8 VIRLEY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Maldon.

8 VIRLEY CLOSE: Plot and Title Map

8 VIRLEY CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 VIRLEY 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 8 VIRLEY 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 8 VIRLEY CLOSE?

8 VIRLEY CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 8 on VIRLEY CLOSE.