120, SHEERING MILL LANE, SAWBRIDGEWORTH, CM21 9ND - £413,600

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

120 SHEERING MILL LANE is a very small extended detached house of 90m², built sometime before 1900. It was last sold for £413,600 in April 2016, which was around 37% below the average April 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

120 SHEERING MILL LANE Sold Prices

Land registry data shows three sales for 120 SHEERING MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 120 SHEERING MILL LANE 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
2016 21 APR	£413,600	£652,316	37% below HPI
2013 6 SEP	£339,000	£487,252	30% below HPI
2004 30 JUN	£160,000	£389,572	59% below HPI

120 SHEERING MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 120 SHEERING MILL LANE sales between June 2004 and April 2016 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 September 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 120 SHEERING MILL LANE?

120 SHEERING MILL LANE is 90m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where 120 SHEERING MILL LANE lies on this distribution: 14% of detached houses are smaller than 120 SHEERING MILL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

120 SHEERING MILL LANE: Plot and Title Map

120 SHEERING MILL LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 120 SHEERING MILL LANE, 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 120 SHEERING MILL LANE). 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 120 SHEERING MILL LANE?

120 SHEERING MILL LANE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 120 on SHEERING MILL LANE.