THE BUNGALOW, STATION ROAD, SOUTHMINSTER, CM0 7EW - £225,000

THE BUNGALOW is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £225,000 in July 2005, which was around 21% below the average July 2005 detached price in the Maldon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was D.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2005 28 JUL	£225,000	£286,519	21% below HPI
1998 3 APR	£74,000	£114,654	35% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from April 1998 and July 2005 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 April 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2005 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 81m² according to the EPC inspection conducted in June 2022. 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 THE BUNGALOW lies on this distribution: 9% of detached houses are smaller than THE BUNGALOW, and 89% of houses are larger. Note that EPC data is not available for all properties in Southminster.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on STATION ROAD in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of THE BUNGALOW on STATION ROAD.