4, MEMORY CLOSE, MALDON, CM9 6XT - £383,500

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.

4 MEMORY CLOSE is a large detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £576,274. It was last sold for £383,500 in January 2015, which was around 4% above the average January 2015 detached price in the Maldon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

4 MEMORY CLOSE Sold Prices

Land registry data shows five sales for 4 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Most of the five 4 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
2015 15 JAN	£383,500	£367,943	4% above HPI
2006 9 AUG	£340,000	£297,975	14% above HPI
2004 12 MAY	£290,000	£273,596	6% above HPI
2004 5 MAR	£265,000	£275,275	4% below HPI
1995 30 NOV	£119,950	£93,997	28% above HPI

4 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 five 4 MEMORY CLOSE sales between November 1995 and January 2015 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 MEMORY CLOSE be worth now?

4 MEMORY CLOSE might now be worth an estimated £576,274.

This is based on house price inflation of 50.3%, between January 2015 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 50.3% inflationary increase is applied to the most recent sale price for 4 MEMORY CLOSE of £383,500 on 15th January 2015. For the value to have increased from £383,500 to £576,274 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 MEMORY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The January 2015 sale price of £383,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MEMORY CLOSE has not materially changed since January 2015.

How Large is 4 MEMORY CLOSE?

4 MEMORY CLOSE is 125m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 4 MEMORY CLOSE lies on this distribution: 64% of detached houses houses are smaller than 4 MEMORY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Maldon.

4 MEMORY CLOSE: Plot and Title Map

4 MEMORY CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 4 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 4 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 4 MEMORY CLOSE?

4 MEMORY CLOSE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 4 on MEMORY CLOSE.