16, BROOK CLOSE, GREAT TOTHAM, MALDON, CM9 8PE - £462,000

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.

16 BROOK CLOSE is a midsized detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £566,396. It was last sold for £462,000 in July 2017, which was around 1% below the average July 2017 detached price in the Maldon local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was C.

16 BROOK CLOSE Sold Prices

Land registry data shows three sales for 16 BROOK CLOSE 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. One of the three 16 BROOK CLOSE sales was for below the average price, whilst two were for above 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
2017 21 JUL	£462,000	£466,022	1% below HPI
1997 6 OCT	£141,000	£112,053	26% above HPI
1996 9 JUL	£140,000	£94,849	48% above HPI

16 BROOK CLOSE 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 16 BROOK CLOSE sales between July 1996 and July 2017 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 October 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 BROOK CLOSE be worth now?

16 BROOK CLOSE might now be worth an estimated £566,396.

This is based on house price inflation of 22.6%, between July 2017 and July 2026, 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 22.6% inflationary increase is applied to the most recent sale price for 16 BROOK CLOSE of £462,000 on 21st July 2017. For the value to have increased from £462,000 to £566,396 over the nine years to July 2026, the following assumptions must hold true:

• The value of 16 BROOK CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The July 2017 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BROOK CLOSE has not materially changed since July 2017.

How Large is 16 BROOK CLOSE?

16 BROOK CLOSE is 122m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses houses in Great Totham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Totham, and where 16 BROOK CLOSE lies on this distribution: 44% of detached houses houses are smaller than 16 BROOK CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Great Totham.

16 BROOK CLOSE: Plot and Title Map

16 BROOK CLOSE sits on a plot of roughly 1.7 acres, or 6,777m². The below map shows the location of 16 BROOK CLOSE, 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 16 BROOK CLOSE). 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 16 BROOK CLOSE?

16 BROOK CLOSE is located in GREAT TOTHAM, in the CM9 postcode district. The below map shows the position of No. 16 on BROOK CLOSE.