18, THE LEAS, INGATESTONE, CM4 9AF - £330,000

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

18 THE LEAS is a very small extended detached house of 63m², built sometime between 1930 and 1949. It was last sold for £330,000 in October 2009, which was around 27% below the average October 2009 detached price in the Brentwood local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

18 THE LEAS Sold Prices

Land registry data shows three sales for 18 THE LEAS since 1^st 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 18 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
2009 9 OCT	£330,000	£455,005	27% below HPI
2006 20 DEC	£290,000	£437,882	34% below HPI
1999 28 JUL	£135,995	£207,043	34% below HPI

18 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 three 18 THE LEAS sales between July 1999 and October 2009 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 December 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2009 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 THE LEAS?

18 THE LEAS is 63m², which includes one extension, according to the EPC inspection conducted in June 2009. 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 18 THE LEAS lies on this distribution: 1% of detached houses are smaller than 18 THE LEAS, and 99% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

18 THE LEAS: Plot and Title Map

18 THE LEAS sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 18 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 18 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 18 THE LEAS?

18 THE LEAS is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 18 on THE LEAS.