20, LAVENDER DRIVE, SOUTHMINSTER, CM0 7RX - £249,950

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.

20 LAVENDER DRIVE is a detached house, which could now be worth an estimated £450,627. It was last sold for £249,950 in March 2007, which was around 21% below the average March 2007 detached price in the Maldon local authority area.

20 LAVENDER DRIVE Sold Prices

Land registry data shows two sales for 20 LAVENDER DRIVE 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 20 LAVENDER DRIVE 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
2007 1 MAR	£249,950	£314,488	21% below HPI
2000 24 JUL	£139,995	£153,314	9% below HPI

What might 20 LAVENDER DRIVE be worth now?

20 LAVENDER DRIVE might now be worth an estimated £450,627.

This is based on house price inflation of 80.3%, between March 2007 and March 2026, 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 80.3% inflationary increase is applied to the most recent sale price for 20 LAVENDER DRIVE of £249,950 on 1st March 2007. For the value to have increased from £249,950 to £450,627 over the nineteen years to March 2026, the following assumptions must hold true:

• The value of 20 LAVENDER DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2007 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 20 LAVENDER DRIVE has not materially changed since March 2007.

Where is 20 LAVENDER DRIVE?

20 LAVENDER DRIVE is located in SOUTHMINSTER, in the CM0 postcode district.