24, MEMORY CLOSE, MALDON, CM9 6XT - £133,000

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.

24 MEMORY CLOSE is a large detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £630,117. It was last sold for £133,000 in March 1999, which was around 14% above the average March 1999 detached price in the Maldon local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

24 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 24 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. Both of the two 24 MEMORY CLOSE 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
1999 22 MAR	£133,000	£116,701	14% above HPI
1996 12 SEP	£122,000	£96,936	26% above HPI

24 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 24 MEMORY CLOSE sales from September 1996 and March 1999 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 September 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 1999 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 24 MEMORY CLOSE be worth now?

24 MEMORY CLOSE might now be worth an estimated £630,117.

This is based on house price inflation of 373.8%, between March 1999 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 373.8% inflationary increase is applied to the most recent sale price for 24 MEMORY CLOSE of £133,000 on 22nd March 1999. For the value to have increased from £133,000 to £630,117 over the 26 years and one month to February 2025, the following assumptions must hold true:

• The value of 24 MEMORY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 1999 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MEMORY CLOSE has not materially changed since March 1999.

How Large is 24 MEMORY CLOSE?

24 MEMORY CLOSE is 136m² according to the EPC inspection conducted in March 2024. This puts it in the largest 30% 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 24 MEMORY CLOSE lies on this distribution: 73% of detached houses houses are smaller than 24 MEMORY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Maldon.

24 MEMORY CLOSE: Plot and Title Map

24 MEMORY CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 24 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 24 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 24 MEMORY CLOSE?

24 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 24 on MEMORY CLOSE.