18, THE SPIKE, RADWINTER ROAD, SAFFRON WALDEN, CB11 3GA - £355,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

18 THE SPIKE is a midsized detached house of 125m², built sometime between 1996 and 2002. It was last sold for £355,000 in July 2010, which was around 9% below the average July 2010 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

18 THE SPIKE Sold Prices

Land registry data shows three sales for 18 THE SPIKE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Two of the three 18 THE SPIKE sales were for below the average price, whilst one was for above 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 29 JUL	£355,000	£391,098	9% below HPI
2003 28 JUL	£287,000	£320,687	11% below HPI
2000 31 MAY	£225,000	£213,568	5% above HPI

18 THE SPIKE 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 three 18 THE SPIKE sales between May 2000 and July 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 July 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 THE SPIKE?

18 THE SPIKE is 125m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses by size in Saffron Walden, and where 18 THE SPIKE lies on this distribution: 49% of detached houses are smaller than 18 THE SPIKE, and 51% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

18 THE SPIKE: Plot and Title Map

18 THE SPIKE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 18 THE SPIKE, 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 SPIKE). 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 SPIKE?

18 THE SPIKE is located on RADWINTER ROAD in SAFFRON WALDEN, in the CB11 postcode district. The below map shows the position of 18 THE SPIKE on RADWINTER ROAD.