2, THE MEAD, DUNMOW, CM6 2PD - £430,000

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 THE MEAD is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £430,000 in October 2022, which was around 40% below the average October 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 THE MEAD Sold Prices

Land registry data shows two sales for 2 THE MEAD 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 THE MEAD 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
2022 3 OCT	£430,000	£713,954	40% below HPI
2016 1 FEB	£340,000	£543,795	37% below HPI

2 THE MEAD 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 THE MEAD sales from February 2016 and October 2022 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 February 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 THE MEAD?

2 THE MEAD is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% 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 THE MEAD lies on this distribution: 10% of detached houses are smaller than 2 THE MEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Great Dunmow.

2 THE MEAD: Plot and Title Map

2 THE MEAD sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 2 THE MEAD, 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 THE MEAD). 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 THE MEAD?

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