12, BUTTERCUP WAY, SOUTHMINSTER, CM0 7RZ - £330,000

12 BUTTERCUP WAY is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £330,000 in August 2019, which was around 32% below the average August 2019 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 C.

12 BUTTERCUP WAY Sold Prices

Land registry data shows five sales for 12 BUTTERCUP WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the five 12 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
2019 30 AUG	£330,000	£484,450	32% below HPI
2012 10 AUG	£230,000	£314,932	27% below HPI
2007 7 DEC	£234,000	£334,788	30% below HPI
2000 13 JAN	£117,000	£135,520	14% below HPI
1998 25 AUG	£99,995	£118,305	15% below HPI

12 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 five 12 BUTTERCUP WAY sales between August 1998 and August 2019 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 BUTTERCUP WAY?

12 BUTTERCUP WAY is 101m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 12 BUTTERCUP WAY lies on this distribution: 30% of detached houses are smaller than 12 BUTTERCUP WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Southminster.

12 BUTTERCUP WAY: Plot and Title Map

12 BUTTERCUP WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 12 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 12 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 12 BUTTERCUP WAY?

12 BUTTERCUP WAY is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 12 on BUTTERCUP WAY.