22, MEMORY CLOSE, MALDON, CM9 6XT - £412,500

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.

22 MEMORY CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £519,889. It was last sold for £412,500 in August 2016, which was around 6% below the average August 2016 detached price in the Maldon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

22 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 22 MEMORY CLOSE 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. One of the two 22 MEMORY CLOSE sales was for below the average price, whilst the other was 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
2016 19 AUG	£412,500	£438,690	6% below HPI
1996 29 FEB	£122,950	£91,911	34% above HPI

22 MEMORY 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 two 22 MEMORY CLOSE sales from February 1996 and August 2016 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 February 1996 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 22 MEMORY CLOSE be worth now?

22 MEMORY CLOSE might now be worth an estimated £519,889.

This is based on house price inflation of 26%, between August 2016 and February 2025, 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 26% inflationary increase is applied to the most recent sale price for 22 MEMORY CLOSE of £412,500 on 19th August 2016. For the value to have increased from £412,500 to £519,889 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 22 MEMORY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The August 2016 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MEMORY CLOSE has not materially changed since August 2016.

How Large is 22 MEMORY CLOSE?

22 MEMORY CLOSE is 120m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% 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 22 MEMORY CLOSE lies on this distribution: 59% of detached houses houses are smaller than 22 MEMORY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Maldon.

22 MEMORY CLOSE: Plot and Title Map

22 MEMORY CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 22 MEMORY 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 22 MEMORY 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 22 MEMORY CLOSE?

22 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 22 on MEMORY CLOSE.