5, CHERRY ORCHARD, SOUTHMINSTER, CM0 7HE - £340,000

5 CHERRY ORCHARD is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2023, which was around 47% below the average August 2023 detached price in the Maldon local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

5 CHERRY ORCHARD Sold Prices

Land registry data shows four sales for 5 CHERRY ORCHARD 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 5 CHERRY ORCHARD 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
2023 4 AUG	£340,000	£635,738	47% below HPI
2019 17 JUN	£276,000	£486,730	43% below HPI
2014 16 JUN	£187,000	£333,326	44% below HPI
1996 31 OCT	£59,000	£97,241	39% below HPI

5 CHERRY ORCHARD 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 5 CHERRY ORCHARD sales between October 1996 and August 2023 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 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 CHERRY ORCHARD?

5 CHERRY ORCHARD is 80m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 5 CHERRY ORCHARD lies on this distribution: 7% of detached houses are smaller than 5 CHERRY ORCHARD, and 92% of houses are larger. Note that EPC data is not available for all properties in Southminster.

5 CHERRY ORCHARD: Plot and Title Map

5 CHERRY ORCHARD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 5 CHERRY ORCHARD, 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 CHERRY ORCHARD). 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 CHERRY ORCHARD?

5 CHERRY ORCHARD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 5 on CHERRY ORCHARD.