2, GILBEY CRESCENT, STANSTED, CM24 8DS - £425,000

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 GILBEY CRESCENT is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £425,000 in January 2021, which was around 32% below the average January 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 GILBEY CRESCENT Sold Prices

Land registry data shows three sales for 2 GILBEY CRESCENT 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 GILBEY CRESCENT 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 18 JAN	£425,000	£620,504	32% below HPI
2013 11 JUL	£274,000	£418,630	35% below HPI
2001 8 AUG	£195,000	£247,769	21% below HPI

2 GILBEY CRESCENT 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 GILBEY CRESCENT sales between August 2001 and January 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 July 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 GILBEY CRESCENT?

2 GILBEY CRESCENT is 75m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 GILBEY CRESCENT lies on this distribution: 4% of detached houses are smaller than 2 GILBEY CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 GILBEY CRESCENT: Plot and Title Map

2 GILBEY CRESCENT sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 GILBEY CRESCENT, 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 GILBEY CRESCENT). 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 GILBEY CRESCENT?

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