FAIRMEAD, BECKINGHAM STREET, TOLLESHUNT MAJOR, MALDON, CM9 8LL - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRMEAD is a very large extended detached house of 171m², built sometime between 1950 and 1966, which could now be worth an estimated £495,116. It was last sold for £435,000 in August 2020, which was around 10% below the average August 2020 detached price in the Maldon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

FAIRMEAD Sold Prices

Land registry data shows two sales for FAIRMEAD 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 FAIRMEAD 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 26 AUG	£435,000	£485,765	10% below HPI
2008 29 JAN	£320,000	£341,587	6% below HPI

FAIRMEAD 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 FAIRMEAD sales from January 2008 and August 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might FAIRMEAD be worth now?

FAIRMEAD might now be worth an estimated £495,116.

This is based on house price inflation of 13.8%, between August 2020 and February 2025, 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 13.8% inflationary increase is applied to the most recent sale price for FAIRMEAD of £435,000 on 26th August 2020. For the value to have increased from £435,000 to £495,116 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of FAIRMEAD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRMEAD has not materially changed since August 2020.

How Large is FAIRMEAD?

FAIRMEAD is 171m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses houses in Tolleshunt Major, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tolleshunt Major, and where FAIRMEAD lies on this distribution: 86% of detached houses houses are smaller than FAIRMEAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Tolleshunt Major.

FAIRMEAD: Plot and Title Map

FAIRMEAD sits on a plot of roughly 0.326 of an acre, or 1,318m². The below map shows the location of FAIRMEAD, 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 FAIRMEAD). 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 FAIRMEAD?

FAIRMEAD is located on BECKINGHAM STREET in TOLLESHUNT MAJOR, in the CM9 postcode district. The below map shows the position of FAIRMEAD on BECKINGHAM STREET.