2, THE MEADS, STANSTED, CM24 8QA - £406,000

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 THE MEADS is a midsized detached house of 137m², built sometime between 1983 and 1990. It was last sold for £406,000 in August 2010, which was around 1% above the average August 2010 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2 THE MEADS Sold Prices

Land registry data shows three sales for 2 THE MEADS 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. Two of the three 2 THE MEADS sales were for above the average price, whilst one was 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
2010 18 AUG	£406,000	£401,149	1% above HPI
1999 29 JAN	£180,000	£170,888	5% above HPI
1995 29 AUG	£132,000	£133,099	1% below HPI

2 THE MEADS 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 THE MEADS sales between August 1995 and August 2010 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 January 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2010 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 THE MEADS?

2 THE MEADS is 137m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 THE MEADS lies on this distribution: 45% of detached houses are smaller than 2 THE MEADS, and 54% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 THE MEADS: Plot and Title Map

2 THE MEADS sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 THE MEADS, 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 MEADS). 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 MEADS?

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