278, PRIESTS LANE, SHENFIELD, BRENTWOOD, CM15 8LD - £1,150,000

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.

278 PRIESTS LANE is a midsized extended semi-detached house of 150m², built sometime between 1900 and 1929, which could now be worth an estimated £1,269,968. It was last sold for £1,150,000 in December 2020, which was around 137% above the average December 2020 semi-detached price in the Brentwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

278 PRIESTS LANE Sold Prices

Land registry data shows four sales for 278 PRIESTS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Brentwood local authority area for the corresponding sale date. All of the four 278 PRIESTS LANE sales were 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
2020 9 DEC	£1,150,000	£484,824	137% above HPI
2014 15 JUL	£742,500	£346,016	115% above HPI
2003 7 MAY	£497,500	£223,857	122% above HPI
1999 7 DEC	£256,500	£134,133	91% above HPI

278 PRIESTS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Brentwood local authority area over time, sourced from the HPI. The four 278 PRIESTS LANE sales between December 1999 and December 2020 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 July 2014 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the December 2020 sale, where it rises to 137% above the HPI. The line then continues to track at 137% above the HPI.

What might 278 PRIESTS LANE be worth now?

278 PRIESTS LANE might now be worth an estimated £1,269,968.

This is based on house price inflation of 10.4%, between December 2020 and February 2025, for semi-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 10.4% inflationary increase is applied to the most recent sale price for 278 PRIESTS LANE of £1,150,000 on 9th December 2020. For the value to have increased from £1,150,000 to £1,269,968 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 278 PRIESTS LANE has moved in line with the HPI for semi-detached houses in the Brentwood local authority area.
• The December 2020 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 278 PRIESTS LANE has not materially changed since December 2020.

How Large is 278 PRIESTS LANE?

278 PRIESTS LANE is 150m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of semi-detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brentwood, and where 278 PRIESTS LANE lies on this distribution: 54% of semi-detached houses houses are smaller than 278 PRIESTS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

278 PRIESTS LANE: Plot and Title Map

278 PRIESTS LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 278 PRIESTS 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 278 PRIESTS 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 278 PRIESTS LANE?

278 PRIESTS LANE is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 278 on PRIESTS LANE.