126, SHEERING MILL LANE, SAWBRIDGEWORTH, CM21 9ND - £485,000

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

126 SHEERING MILL LANE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £485,000 in January 2021, which was around 34% below the average January 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

126 SHEERING MILL LANE Sold Prices

Land registry data shows two sales for 126 SHEERING MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 126 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
2021 6 JAN	£485,000	£738,198	34% below HPI
2003 27 NOV	£248,000	£368,919	33% below HPI

126 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 two 126 SHEERING MILL LANE sales from November 2003 and January 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 November 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 126 SHEERING MILL LANE?

126 SHEERING MILL LANE is 66m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where 126 SHEERING MILL LANE lies on this distribution: 2% of detached houses are smaller than 126 SHEERING MILL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

126 SHEERING MILL LANE: Plot and Title Map

126 SHEERING MILL LANE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 126 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 126 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 126 SHEERING MILL LANE?

126 SHEERING MILL LANE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 126 on SHEERING MILL LANE.