3, VIRLEY CLOSE, HEYBRIDGE, MALDON, CM9 4YS - £262,000

3 VIRLEY CLOSE is a very small semi-detached house of 88m², built sometime between 1983 and 1990. It was last sold for £262,000 in January 2016, which was around 34% below the average January 2016 detached price in the Maldon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

3 VIRLEY CLOSE Sold Prices

Land registry data shows three sales for 3 VIRLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three 3 VIRLEY CLOSE 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
2016 27 JAN	£262,000	£396,340	34% below HPI
2012 16 AUG	£190,000	£314,932	40% below HPI
2001 2 MAR	£96,000	£161,821	41% below HPI

3 VIRLEY 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 three 3 VIRLEY CLOSE sales between March 2001 and January 2016 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 August 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 VIRLEY CLOSE?

3 VIRLEY CLOSE is 88m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 3 VIRLEY CLOSE lies on this distribution: 20% of detached houses are smaller than 3 VIRLEY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Maldon.

3 VIRLEY CLOSE: Plot and Title Map

3 VIRLEY CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 VIRLEY 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 3 VIRLEY 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 3 VIRLEY CLOSE?

3 VIRLEY CLOSE is located in HEYBRIDGE, in the CM9 postcode district. The below map shows the position of No. 3 on VIRLEY CLOSE.