2, WOODFIELD TERRACE, STANSTED, CM24 8AJ - £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 WOODFIELD TERRACE is a small extended detached house of 122m², built sometime between 1900 and 1929. It was last sold for £430,000 in September 2017, which was around 26% below the average September 2017 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 WOODFIELD TERRACE Sold Prices

Land registry data shows two sales for 2 WOODFIELD TERRACE 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 WOODFIELD TERRACE 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 12 SEP	£430,000	£580,393	26% below HPI
2004 25 JUN	£210,500	£335,280	37% below HPI

2 WOODFIELD TERRACE 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 WOODFIELD TERRACE sales from June 2004 and September 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 June 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WOODFIELD TERRACE?

2 WOODFIELD TERRACE is 122m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 WOODFIELD TERRACE lies on this distribution: 34% of detached houses are smaller than 2 WOODFIELD TERRACE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 WOODFIELD TERRACE: Plot and Title Map

2 WOODFIELD TERRACE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 2 WOODFIELD TERRACE, 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 WOODFIELD TERRACE). 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 WOODFIELD TERRACE?

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