27, CHESTNUT WAY, TAKELEY, BISHOP'S STORTFORD, CM22 6RW - £346,800

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.

27 CHESTNUT WAY is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £661,774. It was last sold for £346,800 in September 2009, which was around 9% below the average September 2009 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

27 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 27 CHESTNUT WAY 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. All of the three 27 CHESTNUT WAY 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
2009 7 SEP	£346,800	£382,559	9% below HPI
1998 29 JUN	£148,000	£176,712	16% below HPI
1996 26 JUL	£105,500	£133,983	21% below HPI

27 CHESTNUT WAY 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 27 CHESTNUT WAY sales between July 1996 and September 2009 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2009 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 27 CHESTNUT WAY be worth now?

27 CHESTNUT WAY might now be worth an estimated £661,774.

This is based on house price inflation of 90.8%, between September 2009 and February 2025, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.8% inflationary increase is applied to the most recent sale price for 27 CHESTNUT WAY of £346,800 on 7th September 2009. For the value to have increased from £346,800 to £661,774 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 27 CHESTNUT WAY has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The September 2009 sale price of £346,800 represented a fair market value for the property.
• The size, condition, and specification of 27 CHESTNUT WAY has not materially changed since September 2009.

How Large is 27 CHESTNUT WAY?

27 CHESTNUT WAY is 105m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses houses in Takeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Takeley, and where 27 CHESTNUT WAY lies on this distribution: 31% of detached houses houses are smaller than 27 CHESTNUT WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Takeley.

27 CHESTNUT WAY: Plot and Title Map

27 CHESTNUT WAY sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 27 CHESTNUT WAY, 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 27 CHESTNUT WAY). 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 27 CHESTNUT WAY?

27 CHESTNUT WAY is located in TAKELEY, in the CM22 postcode district. The below map shows the position of No. 27 on CHESTNUT WAY.