24, THE LEAS, INGATESTONE, CM4 9AF - £695,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 THE LEAS is a midsized extended detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £680,013. It was last sold for £695,000 in August 2022, which was around 28% below the average August 2022 detached price in the Brentwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

24 THE LEAS Sold Prices

Land registry data shows two sales for 24 THE LEAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 24 THE LEAS 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 AUG	£695,000	£967,652	28% below HPI
2015 26 OCT	£565,000	£715,118	21% below HPI

24 THE LEAS 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 two 24 THE LEAS sales from October 2015 and August 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 October 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 24 THE LEAS be worth now?

24 THE LEAS might now be worth an estimated £680,013.

This is based on house price deflation of 2.2%, between August 2022 and February 2025, 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 2.2% deflationary decrease is applied to the most recent sale price for 24 THE LEAS of £695,000 on 3rd August 2022. For the value to have decreased from £695,000 to £680,013 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 24 THE LEAS has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The August 2022 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE LEAS has not materially changed since August 2022.

How Large is 24 THE LEAS?

24 THE LEAS is 138m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingatestone, and where 24 THE LEAS lies on this distribution: 47% of detached houses houses are smaller than 24 THE LEAS, and 52% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

24 THE LEAS: Plot and Title Map

24 THE LEAS sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 24 THE LEAS, 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 THE LEAS). 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 THE LEAS?

24 THE LEAS is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 24 on THE LEAS.