2, OLD BELL CLOSE, STANSTED, CM24 8JJ - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OLD BELL CLOSE is a midsized detached house of 148m², built sometime between 1996 and 2002. It was last sold for £355,000 in November 2006, which was around 8% below the average November 2006 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 OLD BELL CLOSE Sold Prices

Land registry data shows four sales for 2 OLD BELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Most of the four 2 OLD BELL CLOSE 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
2006 22 NOV	£355,000	£387,819	8% below HPI
2005 12 MAY	£360,000	£354,803	1% above HPI
2003 15 DEC	£363,000	£323,063	12% above HPI
1997 27 JUN	£189,950	£150,030	27% above HPI

2 OLD BELL CLOSE 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 four 2 OLD BELL CLOSE sales between June 1997 and November 2006 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 May 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2006 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 OLD BELL CLOSE?

2 OLD BELL CLOSE is 148m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 OLD BELL CLOSE lies on this distribution: 52% of detached houses are smaller than 2 OLD BELL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 OLD BELL CLOSE: Plot and Title Map

2 OLD BELL CLOSE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 2 OLD BELL CLOSE, 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 OLD BELL CLOSE). 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 OLD BELL CLOSE?

2 OLD BELL CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 2 on OLD BELL CLOSE.