3, SCHOOL LANE, SAWBRIDGEWORTH, CM21 9FA - £433,000

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

3 SCHOOL LANE is a very small detached house of 78m². It was last sold for £433,000 in June 2021, which was around 40% below the average June 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

3 SCHOOL LANE Sold Prices

Land registry data shows three sales for 3 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 3 SCHOOL 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
2021 30 JUN	£433,000	£719,209	40% below HPI
2019 24 MAY	£412,500	£719,363	43% below HPI
2014 21 MAR	£319,950	£523,924	39% below HPI

3 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 3 SCHOOL LANE sales between March 2014 and June 2021 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 May 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 SCHOOL LANE?

3 SCHOOL LANE is 78m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where 3 SCHOOL LANE lies on this distribution: 6% of detached houses are smaller than 3 SCHOOL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

3 SCHOOL LANE: Plot and Title Map

3 SCHOOL LANE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 3 SCHOOL 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 3 SCHOOL 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 3 SCHOOL LANE?

3 SCHOOL LANE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 3 on SCHOOL LANE.