LOWENVA, MALDON ROAD, STEEPLE, SOUTHMINSTER, CM0 7RN - £212,000

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

LOWENVA is a very small extended semi-detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £317,311. It was last sold for £212,000 in July 2015, which was around 10% below the average July 2015 semi-detached price in the Maldon local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

LOWENVA Sold Prices

Land registry data shows two sales for LOWENVA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two LOWENVA 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
2015 24 JUL	£212,000	£234,752	10% below HPI
2013 28 MAR	£176,500	£198,198	11% below HPI

LOWENVA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The two LOWENVA sales from March 2013 and July 2015 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 March 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might LOWENVA be worth now?

LOWENVA might now be worth an estimated £317,311.

This is based on house price inflation of 49.7%, between July 2015 and December 2024, for semi-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 49.7% inflationary increase is applied to the most recent sale price for LOWENVA of £212,000 on 24th July 2015. For the value to have increased from £212,000 to £317,311 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of LOWENVA has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The July 2015 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of LOWENVA has not materially changed since July 2015.

How Large is LOWENVA?

LOWENVA is 96m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of semi-detached houses houses in Steeple, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Steeple, and where LOWENVA lies on this distribution: 18% of semi-detached houses houses are smaller than LOWENVA, and 82% of houses are larger. Note that EPC data is not available for all properties in Steeple.

LOWENVA: Plot and Title Map

LOWENVA sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of LOWENVA, 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 LOWENVA). 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 LOWENVA?

LOWENVA is located on MALDON ROAD in STEEPLE, in the CM0 postcode district. The below map shows the position of LOWENVA on MALDON ROAD.