5, BLACKWATER CLOSE, HEYBRIDGE BASIN, MALDON, CM9 4SB - £245,000

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.

5 BLACKWATER CLOSE is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £424,825. It was last sold for £245,000 in October 2011, which was around 24% below the average October 2011 detached price in the Maldon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

5 BLACKWATER CLOSE Sold Prices

Land registry data shows two sales for 5 BLACKWATER CLOSE 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 5 BLACKWATER CLOSE 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
2011 6 OCT	£245,000	£321,057	24% below HPI
2001 30 JUL	£145,000	£174,772	17% below HPI

5 BLACKWATER 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 two 5 BLACKWATER CLOSE sales from July 2001 and October 2011 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 July 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 BLACKWATER CLOSE be worth now?

5 BLACKWATER CLOSE might now be worth an estimated £424,825.

This is based on house price inflation of 73.4%, between October 2011 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 73.4% inflationary increase is applied to the most recent sale price for 5 BLACKWATER CLOSE of £245,000 on 6th October 2011. For the value to have increased from £245,000 to £424,825 over the fourteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 5 BLACKWATER CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BLACKWATER CLOSE has not materially changed since October 2011.

How Large is 5 BLACKWATER CLOSE?

5 BLACKWATER CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses houses in Heybridge Basin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heybridge Basin, and where 5 BLACKWATER CLOSE lies on this distribution: 62% of detached houses houses are smaller than 5 BLACKWATER CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Heybridge Basin.

5 BLACKWATER CLOSE: Plot and Title Map

5 BLACKWATER CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 5 BLACKWATER 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 5 BLACKWATER 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 5 BLACKWATER CLOSE?

5 BLACKWATER CLOSE is located in HEYBRIDGE BASIN, in the CM9 postcode district. The below map shows the position of No. 5 on BLACKWATER CLOSE.