THE OLD TOLLGATE, BASIN ROAD, HEYBRIDGE BASIN, MALDON, CM9 4RG - £350,000

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

THE OLD TOLLGATE is a very small extended detached house of 72m², built sometime before 1900, which could now be worth an estimated £555,817. It was last sold for £350,000 in November 2014, which was around 2% below the average November 2014 detached price in the Maldon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

THE OLD TOLLGATE Sold Prices

Land registry data shows three sales for THE OLD TOLLGATE 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 THE OLD TOLLGATE 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
2014 19 NOV	£350,000	£356,474	2% below HPI
2012 28 AUG	£265,000	£318,904	17% below HPI
1999 19 AUG	£105,000	£126,748	17% below HPI

THE OLD TOLLGATE 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 THE OLD TOLLGATE sales between August 1999 and November 2014 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 August 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might THE OLD TOLLGATE be worth now?

THE OLD TOLLGATE might now be worth an estimated £555,817.

This is based on house price inflation of 58.8%, between November 2014 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 58.8% inflationary increase is applied to the most recent sale price for THE OLD TOLLGATE of £350,000 on 19th November 2014. For the value to have increased from £350,000 to £555,817 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of THE OLD TOLLGATE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2014 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD TOLLGATE has not materially changed since November 2014.

How Large is THE OLD TOLLGATE?

THE OLD TOLLGATE is 72m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 THE OLD TOLLGATE lies on this distribution: 6% of detached houses houses are smaller than THE OLD TOLLGATE, and 94% of houses are larger. Note that EPC data is not available for all properties in Maldon.

THE OLD TOLLGATE: Plot and Title Map

THE OLD TOLLGATE sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of THE OLD TOLLGATE, 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 THE OLD TOLLGATE). 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 THE OLD TOLLGATE?

THE OLD TOLLGATE is located on BASIN ROAD in HEYBRIDGE BASIN, in the CM9 postcode district. The below map shows the position of THE OLD TOLLGATE on BASIN ROAD.