31, CHERRY ORCHARD, SOUTHMINSTER, CM0 7HE - £325,000

31 CHERRY ORCHARD is a very small detached house of 47m², built sometime between 1983 and 1990. It was last sold for £325,000 in January 2023, which was around 47% below the average January 2023 detached price in the Maldon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

31 CHERRY ORCHARD Sold Prices

Land registry data shows three sales for 31 CHERRY ORCHARD 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 31 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
2023 26 JAN	£325,000	£617,842	47% below HPI
2012 30 JAN	£179,500	£312,178	43% below HPI
2003 13 AUG	£140,000	£257,689	46% below HPI

31 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 three 31 CHERRY ORCHARD sales between August 2003 and January 2023 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 January 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 31 CHERRY ORCHARD?

31 CHERRY ORCHARD is 47m² according to the EPC inspection conducted in August 2022. 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 31 CHERRY ORCHARD lies on this distribution: 1% of detached houses are smaller than 31 CHERRY ORCHARD, and 99% of houses are larger. Note that EPC data is not available for all properties in Southminster.

31 CHERRY ORCHARD: Plot and Title Map

31 CHERRY ORCHARD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 31 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 31 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 31 CHERRY ORCHARD?

31 CHERRY ORCHARD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 31 on CHERRY ORCHARD.