251, BIRCHANGER LANE, BIRCHANGER, BISHOP'S STORTFORD, CM23 5QP - £325,000

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

251 BIRCHANGER LANE is a very small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £325,000 in June 2015, which was around 36% below the average June 2015 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

251 BIRCHANGER LANE Sold Prices

Land registry data shows two sales for 251 BIRCHANGER LANE 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 251 BIRCHANGER LANE 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
2015 26 JUN	£325,000	£505,165	36% below HPI
2003 5 NOV	£220,000	£322,543	32% below HPI

251 BIRCHANGER LANE 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 251 BIRCHANGER LANE sales from November 2003 and June 2015 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 November 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 251 BIRCHANGER LANE?

251 BIRCHANGER LANE is 93m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Birchanger, based on EPC data. The below chart shows the distribution of detached houses by size in Birchanger, and where 251 BIRCHANGER LANE lies on this distribution: 10% of detached houses are smaller than 251 BIRCHANGER LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Birchanger.

251 BIRCHANGER LANE: Plot and Title Map

251 BIRCHANGER LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 251 BIRCHANGER LANE, 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 251 BIRCHANGER LANE). 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 251 BIRCHANGER LANE?

251 BIRCHANGER LANE is located in BIRCHANGER, in the CM23 postcode district. The below map shows the position of No. 251 on BIRCHANGER LANE.