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
2 BREWERY LANE is a small extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £749,995 in December 2021, which was around 13% above the average December 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 BREWERY LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Most of the five 2 BREWERY 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 |
---|---|---|---|
2021 8 DEC | £749,995 | £663,779 | 13% above HPI |
2018 20 DEC | £580,000 | £615,377 | 6% below HPI |
2011 1 APR | £2,500 | £392,400 | 99% below HPI |
2006 5 JUL | £249,995 | £365,320 | 32% below HPI |
2006 22 MAY | £225,000 | £362,417 | 38% below HPI |
The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The five 2 BREWERY LANE sales between May 2006 and December 2021 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
2 BREWERY LANE is 121m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of detached houses by size in Stansted Mountfitchet, and where 2 BREWERY LANE lies on this distribution: 34% of detached houses are smaller than 2 BREWERY LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.
2 BREWERY LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 BREWERY 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 2 BREWERY 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.
2 BREWERY LANE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 2 on BREWERY LANE.