38, SHEPHERDS WAY, SAFFRON WALDEN, CB10 2AH - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 SHEPHERDS WAY is a small extended semi-detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £502,179. It was last sold for £475,000 in August 2021, which was around 18% above the average August 2021 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

38 SHEPHERDS WAY Sold Prices

Land registry data shows two sales for 38 SHEPHERDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 38 SHEPHERDS WAY 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
2021 16 AUG	£475,000	£401,964	18% above HPI
2003 24 JUL	£220,000	£195,838	12% above HPI

38 SHEPHERDS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 38 SHEPHERDS WAY sales from July 2003 and August 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 July 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 38 SHEPHERDS WAY be worth now?

38 SHEPHERDS WAY might now be worth an estimated £502,179.

This is based on house price inflation of 5.7%, between August 2021 and December 2024, for semi-detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 38 SHEPHERDS WAY of £475,000 on 16th August 2021. For the value to have increased from £475,000 to £502,179 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 38 SHEPHERDS WAY has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The August 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SHEPHERDS WAY has not materially changed since August 2021.

How Large is 38 SHEPHERDS WAY?

38 SHEPHERDS WAY is 116m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of semi-detached houses houses in Saffron Walden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Saffron Walden, and where 38 SHEPHERDS WAY lies on this distribution: 39% of semi-detached houses houses are smaller than 38 SHEPHERDS WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

38 SHEPHERDS WAY: Plot and Title Map

38 SHEPHERDS WAY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 38 SHEPHERDS WAY, 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 SHEPHERDS WAY). 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 SHEPHERDS WAY?

38 SHEPHERDS WAY is located in SAFFRON WALDEN, in the CB10 postcode district. The below map shows the position of No. 38 on SHEPHERDS WAY.