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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE MEAD is a very small detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £406,887. It was last sold for £430,000 in October 2022, which was around 42% 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	£744,970	42% below HPI
2016 1 FEB	£340,000	£567,419	40% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 THE MEAD be worth now?

2 THE MEAD might now be worth an estimated £406,887.

This is based on house price deflation of 5.4%, between October 2022 and December 2024, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% deflationary decrease is applied to the most recent sale price for 2 THE MEAD of £430,000 on 3rd October 2022. For the value to have decreased from £430,000 to £406,887 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 2 THE MEAD has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The October 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEAD has not materially changed since October 2022.

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 10% of detached houses houses in Great Dunmow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Dunmow, and where 2 THE MEAD lies on this distribution: 10% of detached houses houses are smaller than 2 THE MEAD, and 89% 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 0.060 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.