SOUTHBURN, THE CHASE, SOUTHMINSTER, CM0 7EY - £350,000

SOUTHBURN is a midsized detached house of 112m², built sometime between 1976 and 1982. It was last sold for £350,000 in March 2021, which was around 32% below the average March 2021 detached price in the Maldon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

SOUTHBURN Sold Prices

Land registry data shows two sales for SOUTHBURN 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 SOUTHBURN 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 8 MAR	£350,000	£515,521	32% below HPI
1995 12 JUN	£80,000	£91,284	12% below HPI

SOUTHBURN 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 SOUTHBURN sales from June 1995 and March 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 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is SOUTHBURN?

SOUTHBURN is 112m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where SOUTHBURN lies on this distribution: 44% of detached houses are smaller than SOUTHBURN, and 55% of houses are larger. Note that EPC data is not available for all properties in Southminster.

SOUTHBURN: Plot and Title Map

SOUTHBURN sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of SOUTHBURN, 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 SOUTHBURN). 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 SOUTHBURN?

SOUTHBURN is located on THE CHASE in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of SOUTHBURN on THE CHASE.