2, CHERRY ORCHARD, SOUTHMINSTER, CM0 7HE - £250,000

2 CHERRY ORCHARD is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2014, which was around 30% below the average October 2014 detached price in the Maldon local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 CHERRY ORCHARD Sold Prices

Land registry data shows two sales for 2 CHERRY ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 2 CHERRY ORCHARD 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 31 OCT	£250,000	£359,304	30% below HPI
2003 25 MAR	£169,995	£241,002	29% below HPI

2 CHERRY ORCHARD 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 two 2 CHERRY ORCHARD sales from March 2003 and October 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 March 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CHERRY ORCHARD?

2 CHERRY ORCHARD is 96m² according to the EPC inspection conducted in February 2012. 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 2 CHERRY ORCHARD lies on this distribution: 23% of detached houses are smaller than 2 CHERRY ORCHARD, and 77% of houses are larger. Note that EPC data is not available for all properties in Southminster.

2 CHERRY ORCHARD: Plot and Title Map

2 CHERRY ORCHARD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 CHERRY ORCHARD, 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 2 CHERRY ORCHARD). 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 2 CHERRY ORCHARD?

2 CHERRY ORCHARD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 2 on CHERRY ORCHARD.