24, REDSHANK DRIVE, HEYBRIDGE, MALDON, CM9 4UE - £266,000

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 REDSHANK DRIVE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £314,753. It was last sold for £266,000 in February 2021, which was around 11% below the average February 2021 semi-detached price in the Maldon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

24 REDSHANK DRIVE Sold Prices

Land registry data shows three sales for 24 REDSHANK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the three 24 REDSHANK DRIVE 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 3 FEB	£266,000	£300,402	11% below HPI
2016 26 OCT	£250,000	£270,393	8% below HPI
2003 1 DEC	£132,500	£156,719	15% below HPI

24 REDSHANK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The three 24 REDSHANK DRIVE sales between December 2003 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 October 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 24 REDSHANK DRIVE be worth now?

24 REDSHANK DRIVE might now be worth an estimated £314,753.

This is based on house price inflation of 18.3%, between February 2021 and June 2025, for semi-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 18.3% inflationary increase is applied to the most recent sale price for 24 REDSHANK DRIVE of £266,000 on 3rd February 2021. For the value to have increased from £266,000 to £314,753 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 24 REDSHANK DRIVE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The February 2021 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 24 REDSHANK DRIVE has not materially changed since February 2021.

How Large is 24 REDSHANK DRIVE?

24 REDSHANK DRIVE is 55m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of semi-detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maldon, and where 24 REDSHANK DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 24 REDSHANK DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Maldon.

24 REDSHANK DRIVE: Plot and Title Map

24 REDSHANK DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 24 REDSHANK DRIVE, 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 REDSHANK DRIVE). 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 REDSHANK DRIVE?

24 REDSHANK DRIVE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 24 on REDSHANK DRIVE.