42, MINSTER WAY, MALDON, CM9 6YT - £267,500

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.

42 MINSTER WAY is a midsized detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £479,591. It was last sold for £267,500 in November 2010, which was around 14% below the average November 2010 detached price in the Maldon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

42 MINSTER WAY Sold Prices

Land registry data shows two sales for 42 MINSTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 42 MINSTER WAY 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
2010 9 NOV	£267,500	£310,512	14% below HPI
1997 19 DEC	£110,000	£116,126	5% below HPI

42 MINSTER WAY 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 two 42 MINSTER WAY sales from December 1997 and November 2010 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 December 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2010 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 42 MINSTER WAY be worth now?

42 MINSTER WAY might now be worth an estimated £479,591.

This is based on house price inflation of 79.3%, between November 2010 and March 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 79.3% inflationary increase is applied to the most recent sale price for 42 MINSTER WAY of £267,500 on 9th November 2010. For the value to have increased from £267,500 to £479,591 over the fifteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 42 MINSTER WAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2010 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 42 MINSTER WAY has not materially changed since November 2010.

How Large is 42 MINSTER WAY?

42 MINSTER WAY is 114m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% 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 42 MINSTER WAY lies on this distribution: 54% of detached houses houses are smaller than 42 MINSTER WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Maldon.

42 MINSTER WAY: Plot and Title Map

42 MINSTER WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 42 MINSTER WAY, 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 42 MINSTER WAY). 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 42 MINSTER WAY?

42 MINSTER WAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 42 on MINSTER WAY.