27, SPENCER CLOSE, STANSTED, CM24 8AN - £287,500

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

27 SPENCER CLOSE is a small extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £287,500 in August 2011, which was around 29% below the average August 2011 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was A.

27 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 27 SPENCER CLOSE 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 27 SPENCER CLOSE 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
2011 23 AUG	£287,500	£402,420	29% below HPI
2002 1 NOV	£249,995	£310,061	19% below HPI

27 SPENCER CLOSE 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 27 SPENCER CLOSE sales from November 2002 and August 2011 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 SPENCER CLOSE?

27 SPENCER CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 27 SPENCER CLOSE lies on this distribution: 37% of detached houses are smaller than 27 SPENCER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

27 SPENCER CLOSE: Plot and Title Map

27 SPENCER CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 27 SPENCER CLOSE, 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 SPENCER CLOSE). 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 SPENCER CLOSE?

27 SPENCER CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 27 on SPENCER CLOSE.