39, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RQ - £315,000

39 LAVENDER DRIVE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £315,000 in March 2021, which was around 39% below the average March 2021 detached price in the Maldon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

39 LAVENDER DRIVE Sold Prices

Land registry data shows four sales for 39 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 39 LAVENDER 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 24 MAR	£315,000	£515,521	39% below HPI
2006 14 AUG	£191,000	£294,264	35% below HPI
2002 25 JUN	£145,000	£203,470	29% below HPI
2000 28 APR	£104,995	£140,941	26% below HPI

39 LAVENDER DRIVE 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 four 39 LAVENDER DRIVE sales between April 2000 and March 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 August 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 39 LAVENDER DRIVE?

39 LAVENDER DRIVE is 84m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 39 LAVENDER DRIVE lies on this distribution: 12% of detached houses are smaller than 39 LAVENDER DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Southminster.

39 LAVENDER DRIVE: Plot and Title Map

39 LAVENDER DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 39 LAVENDER 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 39 LAVENDER 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 39 LAVENDER DRIVE?

39 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 39 on LAVENDER DRIVE.