2, LAUREL DRIVE, DUNMOW, CM6 1WP - £415,000

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 LAUREL DRIVE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £415,000 in June 2021, which was around 34% below the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

2 LAUREL DRIVE Sold Prices

Land registry data shows two sales for 2 LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 2 LAUREL DRIVE 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 28 JUN	£415,000	£625,192	34% below HPI
1999 23 JUL	£132,950	£178,251	25% below HPI

2 LAUREL DRIVE 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 two 2 LAUREL DRIVE sales from July 1999 and June 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 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 LAUREL DRIVE?

2 LAUREL DRIVE is 82m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Great Dunmow, based on EPC data. The below chart shows the distribution of detached houses by size in Great Dunmow, and where 2 LAUREL DRIVE lies on this distribution: 9% of detached houses are smaller than 2 LAUREL DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Great Dunmow.

2 LAUREL DRIVE: Plot and Title Map

2 LAUREL DRIVE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 2 LAUREL DRIVE, 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 LAUREL DRIVE). 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 LAUREL DRIVE?

2 LAUREL DRIVE is located in DUNMOW, in the CM6 postcode district. The below map shows the position of No. 2 on LAUREL DRIVE.