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
161A PRIESTS LANE is a small extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £750,000 in September 2023, which was around 14% below the average September 2023 detached price in the Brentwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 161A PRIESTS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the three 161A PRIESTS 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 |
---|---|---|---|
2023 15 SEP | £750,000 | £874,465 | 14% below HPI |
2006 31 MAR | £341,500 | £408,802 | 16% below HPI |
1999 28 JUN | £195,000 | £202,116 | 4% below HPI |
The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The three 161A PRIESTS LANE sales between June 1999 and September 2023 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 March 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
161A PRIESTS LANE is 117m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 161A PRIESTS LANE lies on this distribution: 31% of detached houses are smaller than 161A PRIESTS LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Brentwood.
161A PRIESTS LANE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 161A PRIESTS 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 161A PRIESTS 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.
161A PRIESTS LANE is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 161A on PRIESTS LANE.