18, CRESSAGES CLOSE, FELSTED, DUNMOW, CM6 3NW - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 CRESSAGES CLOSE is a small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2014, which was around 25% below the average March 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

18 CRESSAGES CLOSE Sold Prices

Land registry data shows two sales for 18 CRESSAGES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 18 CRESSAGES CLOSE 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
2014 4 MAR	£340,000	£455,440	25% below HPI
2013 22 MAY	£249,950	£425,597	41% below HPI

18 CRESSAGES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 18 CRESSAGES CLOSE sales from May 2013 and March 2014 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 May 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 CRESSAGES CLOSE?

18 CRESSAGES CLOSE is 90m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Bannister Green, based on EPC data. The below chart shows the distribution of detached houses by size in Bannister Green, and where 18 CRESSAGES CLOSE lies on this distribution: 21% of detached houses are smaller than 18 CRESSAGES CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bannister Green.

18 CRESSAGES CLOSE: Plot and Title Map

18 CRESSAGES CLOSE sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of 18 CRESSAGES 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 18 CRESSAGES 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 18 CRESSAGES CLOSE?

18 CRESSAGES CLOSE is located in FELSTED, in the CM6 postcode district. The below map shows the position of No. 18 on CRESSAGES CLOSE.