2, SHAW CLOSE, STANSTED, CM24 8FN - £407,000

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 SHAW CLOSE is a small detached house of 102m². It was last sold for £407,000 in February 2017, which was around 30% below the average February 2017 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was B.

2 SHAW CLOSE Sold Prices

Land registry data shows three sales for 2 SHAW CLOSE 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 SHAW CLOSE 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
2017 10 FEB	£407,000	£584,534	30% below HPI
2013 22 AUG	£282,000	£422,196	33% below HPI
2010 12 NOV	£255,000	£406,437	37% below HPI

2 SHAW 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 three 2 SHAW CLOSE sales between November 2010 and February 2017 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 August 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 SHAW CLOSE?

2 SHAW CLOSE is 102m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% 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 SHAW CLOSE lies on this distribution: 20% of detached houses are smaller than 2 SHAW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 SHAW CLOSE: Plot and Title Map

2 SHAW CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 SHAW 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 SHAW 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 SHAW CLOSE?

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