47, HERIOT WAY, GREAT TOTHAM, MALDON, CM9 8BW - £247,000

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.

47 HERIOT WAY is a very small terraced house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £278,815. It was last sold for £247,000 in July 2021, which was about the average July 2021 terraced price in the Maldon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

47 HERIOT WAY Sold Prices

Land registry data shows three sales for 47 HERIOT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. The three 47 HERIOT WAY sales were a mix of roughly equal to the average price, above the average price, and 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 30 JUL	£247,000	£246,908	Close to HPI
2015 1 JUN	£179,995	£190,666	6% below HPI
1995 5 OCT	£54,600	£43,388	26% above HPI

47 HERIOT WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maldon local authority area over time, sourced from the HPI. The three 47 HERIOT WAY sales between October 1995 and July 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 June 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 47 HERIOT WAY be worth now?

47 HERIOT WAY might now be worth an estimated £278,815.

This is based on house price inflation of 12.9%, between July 2021 and June 2025, for terraced 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 12.9% inflationary increase is applied to the most recent sale price for 47 HERIOT WAY of £247,000 on 30th July 2021. For the value to have increased from £247,000 to £278,815 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 47 HERIOT WAY has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The July 2021 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 47 HERIOT WAY has not materially changed since July 2021.

How Large is 47 HERIOT WAY?

47 HERIOT WAY is 74m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Great Totham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Totham, and where 47 HERIOT WAY lies on this distribution: 2% of terraced houses houses are smaller than 47 HERIOT WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Totham.

47 HERIOT WAY: Plot and Title Map

47 HERIOT WAY sits on a plot of roughly 0.011 of an acre, or 45m². The below map shows the location of 47 HERIOT 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 47 HERIOT 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 47 HERIOT WAY?

47 HERIOT WAY is located in GREAT TOTHAM, in the CM9 postcode district. The below map shows the position of No. 47 on HERIOT WAY.