1, GRIGGS TERRACE, STANSTED, CM24 8GU - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRIGGS TERRACE is a very small detached house of 81m², which could now be worth an estimated £450,109. It was last sold for £410,000 in December 2018, which was around 36% below the average December 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

1 GRIGGS TERRACE Sold Prices

Land registry data shows two sales for 1 GRIGGS TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 1 GRIGGS TERRACE 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
2018 5 DEC	£410,000	£642,111	36% below HPI
2012 5 DEC	£237,500	£437,235	46% below HPI

1 GRIGGS TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 1 GRIGGS TERRACE sales from December 2012 and December 2018 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 December 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 GRIGGS TERRACE be worth now?

1 GRIGGS TERRACE might now be worth an estimated £450,109.

This is based on house price inflation of 9.8%, between December 2018 and December 2024, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 1 GRIGGS TERRACE of £410,000 on 5th December 2018. For the value to have increased from £410,000 to £450,109 over the six years to December 2024, the following assumptions must hold true:

• The value of 1 GRIGGS TERRACE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The December 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRIGGS TERRACE has not materially changed since December 2018.

How Large is 1 GRIGGS TERRACE?

1 GRIGGS TERRACE is 81m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stansted Mountfitchet, and where 1 GRIGGS TERRACE lies on this distribution: 5% of detached houses houses are smaller than 1 GRIGGS TERRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

1 GRIGGS TERRACE: Plot and Title Map

1 GRIGGS TERRACE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 GRIGGS TERRACE, 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 1 GRIGGS TERRACE). 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 1 GRIGGS TERRACE?

1 GRIGGS TERRACE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 1 on GRIGGS TERRACE.