34, WATER LANE, STEEPLE BUMPSTEAD, HAVERHILL, CB9 7DS - £285,000

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.

34 WATER LANE is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £423,232. It was last sold for £285,000 in April 2015, which was around 27% below the average April 2015 detached price in the Braintree local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

34 WATER LANE Sold Prices

Land registry data shows two sales for 34 WATER 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 Braintree local authority area for the corresponding sale date. Both of the two 34 WATER 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 28 APR	£285,000	£388,900	27% below HPI
2005 14 OCT	£218,000	£298,907	27% below HPI

34 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 34 WATER LANE sales from October 2005 and April 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 October 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2015 sale, which was also at 27% below the HPI.

What might 34 WATER LANE be worth now?

34 WATER LANE might now be worth an estimated £423,232.

This is based on house price inflation of 48.5%, between April 2015 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.5% inflationary increase is applied to the most recent sale price for 34 WATER LANE of £285,000 on 28th April 2015. For the value to have increased from £285,000 to £423,232 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 34 WATER LANE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The April 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WATER LANE has not materially changed since April 2015.

How Large is 34 WATER LANE?

34 WATER LANE is 112m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses houses in Steeple Bumpstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steeple Bumpstead, and where 34 WATER LANE lies on this distribution: 53% of detached houses houses are smaller than 34 WATER LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Steeple Bumpstead.

34 WATER LANE: Plot and Title Map

34 WATER LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 34 WATER 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 34 WATER 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 34 WATER LANE?

34 WATER LANE is located in STEEPLE BUMPSTEAD, in the CB9 postcode district. The below map shows the position of No. 34 on WATER LANE.