24, MARGARET AVENUE, SHENFIELD, BRENTWOOD, CM15 8RF - £900,000

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

24 MARGARET AVENUE is a large extended detached house of 162m², built sometime between 1967 and 1975, which could now be worth an estimated £873,519. It was last sold for £900,000 in March 2023, which was around 7% below the average March 2023 detached price in the Brentwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

24 MARGARET AVENUE Sold Prices

Land registry data shows three sales for 24 MARGARET AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Two of the three 24 MARGARET AVENUE sales were for below the average price, whilst one was for above 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
2023 31 MAR	£900,000	£968,957	7% below HPI
2002 6 JUN	£499,000	£338,057	48% above HPI
1997 30 APR	£160,000	£179,893	11% below HPI

24 MARGARET AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The three 24 MARGARET AVENUE sales between April 1997 and March 2023 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 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the March 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 24 MARGARET AVENUE be worth now?

24 MARGARET AVENUE might now be worth an estimated £873,519.

This is based on house price deflation of 2.9%, between March 2023 and December 2024, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% deflationary decrease is applied to the most recent sale price for 24 MARGARET AVENUE of £900,000 on 31st March 2023. For the value to have decreased from £900,000 to £873,519 over the three months to December 2024, the following assumptions must hold true:

• The value of 24 MARGARET AVENUE has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The March 2023 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MARGARET AVENUE has not materially changed since March 2023.

How Large is 24 MARGARET AVENUE?

24 MARGARET AVENUE is 162m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brentwood, and where 24 MARGARET AVENUE lies on this distribution: 62% of detached houses houses are smaller than 24 MARGARET AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

24 MARGARET AVENUE: Plot and Title Map

24 MARGARET AVENUE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 24 MARGARET AVENUE, 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 24 MARGARET AVENUE). 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 24 MARGARET AVENUE?

24 MARGARET AVENUE is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 24 on MARGARET AVENUE.