2, FIVE ACRES, STANSTED, CM24 8DG - £635,000

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

2 FIVE ACRES is a very large detached house of 194m², built sometime between 1983 and 1990. It was last sold for £635,000 in December 2018, which was around 3% above the average December 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

2 FIVE ACRES Sold Prices

Land registry data shows three sales for 2 FIVE ACRES 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. All of the three 2 FIVE ACRES sales were 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
2018 14 DEC	£635,000	£615,377	3% above HPI
2004 8 APR	£395,000	£339,587	16% above HPI
1997 24 OCT	£187,500	£166,682	12% above HPI

2 FIVE ACRES 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 2 FIVE ACRES sales between October 1997 and December 2018 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 April 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 FIVE ACRES?

2 FIVE ACRES is 194m² according to the EPC inspection conducted in January 2013. This puts it in the largest 20% 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 FIVE ACRES lies on this distribution: 86% of detached houses are smaller than 2 FIVE ACRES, and 14% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 FIVE ACRES: Plot and Title Map

2 FIVE ACRES sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 2 FIVE ACRES, 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 FIVE ACRES). 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 2 FIVE ACRES?

2 FIVE ACRES is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 2 on FIVE ACRES.