16, THE LEAS, INGATESTONE, CM4 9AF - £387,500

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

16 THE LEAS is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £387,500 in May 2010, which was around 17% below the average May 2010 detached price in the Brentwood local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

16 THE LEAS Sold Prices

Land registry data shows two sales for 16 THE LEAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 16 THE LEAS 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
2010 27 MAY	£387,500	£468,661	17% below HPI
2005 25 NOV	£285,750	£418,157	32% below HPI

16 THE LEAS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 16 THE LEAS sales from November 2005 and May 2010 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 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2010 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 THE LEAS?

16 THE LEAS is 81m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses by size in Ingatestone, and where 16 THE LEAS lies on this distribution: 7% of detached houses are smaller than 16 THE LEAS, and 93% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

16 THE LEAS: Plot and Title Map

16 THE LEAS sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 16 THE LEAS, 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 16 THE LEAS). 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 16 THE LEAS?

16 THE LEAS is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 16 on THE LEAS.