43, VERNON CLOSE, HENHAM, BISHOP'S STORTFORD, CM22 6AF - £245,000

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

43 VERNON CLOSE is a small extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £245,000 in July 2009, which was around 33% below the average July 2009 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

43 VERNON CLOSE Sold Prices

Land registry data shows three sales for 43 VERNON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three 43 VERNON CLOSE 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
2009 17 JUL	£245,000	£364,587	33% below HPI
2008 18 JUL	£250,000	£396,276	37% below HPI
2005 28 APR	£270,000	£350,159	23% below HPI

43 VERNON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three 43 VERNON CLOSE sales between April 2005 and July 2009 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 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2009 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 43 VERNON CLOSE?

43 VERNON CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Henham, based on EPC data. The below chart shows the distribution of detached houses by size in Henham, and where 43 VERNON CLOSE lies on this distribution: 26% of detached houses are smaller than 43 VERNON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Henham.

43 VERNON CLOSE: Plot and Title Map

43 VERNON CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 43 VERNON CLOSE, 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 43 VERNON CLOSE). 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 43 VERNON CLOSE?

43 VERNON CLOSE is located in HENHAM, in the CM22 postcode district. The below map shows the position of No. 43 on VERNON CLOSE.