9, BUTTERCUP WAY, SOUTHMINSTER, CM0 7RY - £307,000

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

9 BUTTERCUP WAY is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £307,000 in July 2021, which was around 39% below the average July 2021 detached price in the Maldon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

9 BUTTERCUP WAY Sold Prices

Land registry data shows three sales for 9 BUTTERCUP WAY 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 9 BUTTERCUP WAY 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
2021 21 JUL	£307,000	£500,088	39% below HPI
2014 17 JAN	£182,000	£338,218	46% below HPI
1999 22 JUL	£80,995	£121,760	33% below HPI

9 BUTTERCUP WAY 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 9 BUTTERCUP WAY sales between July 1999 and July 2021 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 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 9 BUTTERCUP WAY?

9 BUTTERCUP WAY is 80m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 9 BUTTERCUP WAY lies on this distribution: 6% of detached houses are smaller than 9 BUTTERCUP WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Southminster.

9 BUTTERCUP WAY: Plot and Title Map

9 BUTTERCUP WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 9 BUTTERCUP WAY, 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 9 BUTTERCUP WAY). 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 9 BUTTERCUP WAY?

9 BUTTERCUP WAY is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 9 on BUTTERCUP WAY.