CHERRY BLOSSOM, CHERRY GROVE, STATION ROAD, SOUTHMINSTER, CM0 7EW - £420,000

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

CHERRY BLOSSOM is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £420,000 in November 2022, which was around 26% below the average November 2022 detached price in the Maldon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

CHERRY BLOSSOM Sold Prices

Land registry data shows two sales for CHERRY BLOSSOM 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 CHERRY BLOSSOM 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
2022 3 NOV	£420,000	£567,195	26% below HPI
2018 20 JUL	£295,000	£490,639	40% below HPI

CHERRY BLOSSOM 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 CHERRY BLOSSOM sales from July 2018 and November 2022 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 July 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is CHERRY BLOSSOM?

CHERRY BLOSSOM is 79m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 CHERRY BLOSSOM lies on this distribution: 6% of detached houses are smaller than CHERRY BLOSSOM, and 94% of houses are larger. Note that EPC data is not available for all properties in Southminster.

CHERRY BLOSSOM: Plot and Title Map

CHERRY BLOSSOM sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of CHERRY BLOSSOM, 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 CHERRY BLOSSOM). 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 CHERRY BLOSSOM?

CHERRY BLOSSOM, CHERRY GROVE is located on STATION ROAD in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of CHERRY BLOSSOM, CHERRY GROVE on STATION ROAD.