81, NORTH STREET, SOUTHMINSTER, CM0 7DG - £230,000

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.

81 NORTH STREET is a very small extended terraced house of 57m², built sometime before 1900, which could now be worth an estimated £259,552. It was last sold for £230,000 in August 2021, which was around 9% below the average August 2021 terraced price in the Maldon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was D.

81 NORTH STREET Sold Prices

Land registry data shows four sales for 81 NORTH STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. All of the four 81 NORTH STREET 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
2021 11 AUG	£230,000	£253,016	9% below HPI
2017 14 JUL	£210,000	£223,548	6% below HPI
2004 1 OCT	£136,000	£137,932	1% below HPI
1995 1 AUG	£32,000	£43,552	27% below HPI

81 NORTH STREET 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 four 81 NORTH STREET sales between August 1995 and August 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 July 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 81 NORTH STREET be worth now?

81 NORTH STREET might now be worth an estimated £259,552.

This is based on house price inflation of 12.8%, between August 2021 and August 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 12.8% inflationary increase is applied to the most recent sale price for 81 NORTH STREET of £230,000 on 11th August 2021. For the value to have increased from £230,000 to £259,552 over the four years to August 2025, the following assumptions must hold true:

• The value of 81 NORTH STREET has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The August 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 81 NORTH STREET has not materially changed since August 2021.

How Large is 81 NORTH STREET?

81 NORTH STREET is 57m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of terraced houses houses in Southminster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southminster, and where 81 NORTH STREET lies on this distribution: 3% of terraced houses houses are smaller than 81 NORTH STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Southminster.

81 NORTH STREET: Plot and Title Map

81 NORTH STREET sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 81 NORTH STREET, 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 81 NORTH STREET). 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 81 NORTH STREET?

81 NORTH STREET is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 81 on NORTH STREET.