12, PALMER CLOSE, STANSTED, CM24 8FB - £380,000

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

12 PALMER CLOSE is a very small semi-detached house of 92m², built sometime from 2007 onwards, which could now be worth an estimated £428,862. It was last sold for £380,000 in April 2021, which was around 2% below the average April 2021 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

12 PALMER CLOSE Sold Prices

Land registry data shows three sales for 12 PALMER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. Two of the three 12 PALMER CLOSE sales were for below the average price, whilst one was for above 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 13 APR	£380,000	£388,197	2% below HPI
2017 18 APR	£370,000	£347,997	6% above HPI
2010 29 JAN	£232,500	£238,813	3% below HPI

12 PALMER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three 12 PALMER CLOSE sales between January 2010 and April 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 April 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 PALMER CLOSE be worth now?

12 PALMER CLOSE might now be worth an estimated £428,862.

This is based on house price inflation of 12.9%, between April 2021 and February 2025, for semi-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 12.9% inflationary increase is applied to the most recent sale price for 12 PALMER CLOSE of £380,000 on 13th April 2021. For the value to have increased from £380,000 to £428,862 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 12 PALMER CLOSE has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The April 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PALMER CLOSE has not materially changed since April 2021.

How Large is 12 PALMER CLOSE?

12 PALMER CLOSE is 92m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of semi-detached houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stansted Mountfitchet, and where 12 PALMER CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 12 PALMER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

12 PALMER CLOSE: Plot and Title Map

12 PALMER CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 12 PALMER CLOSE, 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 12 PALMER CLOSE). 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 12 PALMER CLOSE?

12 PALMER CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 12 on PALMER CLOSE.