7, SPINNAKER DRIVE, HEYBRIDGE BASIN, MALDON, CM9 4UG - £594,000

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.

7 SPINNAKER DRIVE is a midsized extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £575,754. It was last sold for £594,000 in November 2022, which was around 3% above the average November 2022 detached price in the Maldon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

7 SPINNAKER DRIVE Sold Prices

Land registry data shows four sales for 7 SPINNAKER DRIVE 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 7 SPINNAKER DRIVE 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
2022 28 NOV	£594,000	£574,348	3% above HPI
2015 14 MAY	£400,000	£389,399	3% above HPI
2013 18 DEC	£375,000	£338,371	11% above HPI
1999 9 JUL	£150,000	£123,296	22% above HPI

7 SPINNAKER DRIVE 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 7 SPINNAKER DRIVE sales between July 1999 and November 2022 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 May 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2022 sale, which was also at 3% above the HPI.

What might 7 SPINNAKER DRIVE be worth now?

7 SPINNAKER DRIVE might now be worth an estimated £575,754.

This is based on house price deflation of 3.1%, between November 2022 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 3.1% deflationary decrease is applied to the most recent sale price for 7 SPINNAKER DRIVE of £594,000 on 28th November 2022. For the value to have decreased from £594,000 to £575,754 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 7 SPINNAKER DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2022 sale price of £594,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPINNAKER DRIVE has not materially changed since November 2022.

How Large is 7 SPINNAKER DRIVE?

7 SPINNAKER DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% 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 7 SPINNAKER DRIVE lies on this distribution: 54% of detached houses houses are smaller than 7 SPINNAKER DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Heybridge Basin.

7 SPINNAKER DRIVE: Plot and Title Map

7 SPINNAKER DRIVE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 7 SPINNAKER DRIVE, 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 7 SPINNAKER DRIVE). 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 7 SPINNAKER DRIVE?

7 SPINNAKER DRIVE is located in HEYBRIDGE BASIN, in the CM9 postcode district. The below map shows the position of No. 7 on SPINNAKER DRIVE.