23, MINSTER WAY, MALDON, CM9 6YT - £600,000

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.

23 MINSTER WAY is a very large extended detached house of 194m², built sometime between 1991 and 1995, which could now be worth an estimated £715,143. It was last sold for £600,000 in September 2019, which was around 24% above the average September 2019 detached price in the Maldon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

23 MINSTER WAY Sold Prices

Land registry data shows four sales for 23 MINSTER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 23 MINSTER WAY sales 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
2019 2 SEP	£600,000	£485,515	24% above HPI
2004 15 OCT	£355,000	£287,012	24% above HPI
2003 24 OCT	£346,500	£263,315	32% above HPI
1998 27 OCT	£162,000	£115,772	40% above HPI

23 MINSTER WAY 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 four 23 MINSTER WAY sales between October 1998 and September 2019 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 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2019 sale, which was also at 24% above the HPI.

What might 23 MINSTER WAY be worth now?

23 MINSTER WAY might now be worth an estimated £715,143.

This is based on house price inflation of 19.2%, between September 2019 and June 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 19.2% inflationary increase is applied to the most recent sale price for 23 MINSTER WAY of £600,000 on 2nd September 2019. For the value to have increased from £600,000 to £715,143 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 23 MINSTER WAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The September 2019 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MINSTER WAY has not materially changed since September 2019.

How Large is 23 MINSTER WAY?

23 MINSTER WAY is 194m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% 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 23 MINSTER WAY lies on this distribution: 96% of detached houses houses are smaller than 23 MINSTER WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Maldon.

23 MINSTER WAY: Plot and Title Map

23 MINSTER WAY sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 23 MINSTER WAY, 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 MINSTER WAY). 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 MINSTER WAY?

23 MINSTER WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 23 on MINSTER WAY.