24, CHERRY ORCHARD, SOUTHMINSTER, CM0 7HE - £175,000

24 CHERRY ORCHARD is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £175,000 in September 2013, which was around 46% below the average September 2013 detached price in the Maldon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

24 CHERRY ORCHARD Sold Prices

Land registry data shows two sales for 24 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 24 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
2013 11 SEP	£175,000	£321,406	46% below HPI
2007 24 OCT	£189,995	£330,788	43% below HPI

24 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 24 CHERRY ORCHARD sales from October 2007 and September 2013 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 2007 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 24 CHERRY ORCHARD?

24 CHERRY ORCHARD is 55m² according to the EPC inspection conducted in March 2017. 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 24 CHERRY ORCHARD lies on this distribution: 3% of detached houses are smaller than 24 CHERRY ORCHARD, and 97% of houses are larger. Note that EPC data is not available for all properties in Southminster.

24 CHERRY ORCHARD: Plot and Title Map

24 CHERRY ORCHARD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 24 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 24 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 24 CHERRY ORCHARD?

24 CHERRY ORCHARD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 24 on CHERRY ORCHARD.