38, BROOK LANE, SAWBRIDGEWORTH, CM21 0EL - £449,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

38 BROOK LANE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £449,500 in June 2016, which was around 33% below the average June 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

38 BROOK LANE Sold Prices

Land registry data shows two sales for 38 BROOK 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 East Hertfordshire local authority area for the corresponding sale date. Both of the two 38 BROOK 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
2016 2 JUN	£449,500	£671,263	33% below HPI
1998 22 DEC	£147,500	£192,951	24% below HPI

38 BROOK 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 two 38 BROOK LANE sales from December 1998 and June 2016 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 December 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 BROOK LANE?

38 BROOK LANE is 70m² according to the EPC inspection conducted in March 2016. 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 38 BROOK LANE lies on this distribution: 3% of detached houses are smaller than 38 BROOK LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

38 BROOK LANE: Plot and Title Map

38 BROOK LANE sits on a plot of roughly 0.181 of an acre, or 730m². The below map shows the location of 38 BROOK 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 38 BROOK 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 38 BROOK LANE?

38 BROOK LANE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 38 on BROOK LANE.