23, CHERRY ORCHARD, SOUTHMINSTER, CM0 7HE - £240,000

23 CHERRY ORCHARD is a very small detached house of 48m², built sometime between 1983 and 1990. It was last sold for £240,000 in February 2021, which was around 53% below the average February 2021 detached price in the Maldon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

23 CHERRY ORCHARD Sold Prices

Land registry data shows two sales for 23 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 23 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
2021 5 FEB	£240,000	£506,265	53% below HPI
2000 30 NOV	£85,000	£158,992	47% below HPI

23 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 23 CHERRY ORCHARD sales from November 2000 and February 2021 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 November 2000 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 23 CHERRY ORCHARD?

23 CHERRY ORCHARD is 48m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 23 CHERRY ORCHARD lies on this distribution: 1% of detached houses are smaller than 23 CHERRY ORCHARD, and 99% of houses are larger. Note that EPC data is not available for all properties in Southminster.

23 CHERRY ORCHARD: Plot and Title Map

23 CHERRY ORCHARD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 23 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 23 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 23 CHERRY ORCHARD?

23 CHERRY ORCHARD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 23 on CHERRY ORCHARD.