16, REDSHANK DRIVE, HEYBRIDGE, MALDON, CM9 4UE - £207,000

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 REDSHANK DRIVE is a very small terraced house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £220,032. It was last sold for £207,000 in June 2022, which was around 21% below the average June 2022 terraced price in the Maldon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

16 REDSHANK DRIVE Sold Prices

Land registry data shows five sales for 16 REDSHANK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. All of the five 16 REDSHANK DRIVE 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
2022 28 JUN	£207,000	£262,203	21% below HPI
2012 31 JUL	£115,000	£154,545	26% below HPI
2004 9 JUL	£114,950	£135,791	15% below HPI
2003 26 AUG	£95,000	£118,897	20% below HPI
2003 16 MAY	£90,000	£112,710	20% below HPI

16 REDSHANK DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maldon local authority area over time, sourced from the HPI. The five 16 REDSHANK DRIVE sales between May 2003 and June 2022 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 July 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 REDSHANK DRIVE be worth now?

16 REDSHANK DRIVE might now be worth an estimated £220,032.

This is based on house price inflation of 6.3%, between June 2022 and June 2025, for terraced 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 6.3% inflationary increase is applied to the most recent sale price for 16 REDSHANK DRIVE of £207,000 on 28th June 2022. For the value to have increased from £207,000 to £220,032 over the three years to June 2025, the following assumptions must hold true:

• The value of 16 REDSHANK DRIVE has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The June 2022 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDSHANK DRIVE has not materially changed since June 2022.

How Large is 16 REDSHANK DRIVE?

16 REDSHANK DRIVE is 43m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of terraced houses houses in Maldon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Maldon, and where 16 REDSHANK DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 16 REDSHANK DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Maldon.

16 REDSHANK DRIVE: Plot and Title Map

16 REDSHANK DRIVE sits on a plot of roughly 0.014 of an acre, or 58m². The below map shows the location of 16 REDSHANK DRIVE, 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 REDSHANK DRIVE). 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 REDSHANK DRIVE?

16 REDSHANK DRIVE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 16 on REDSHANK DRIVE.