50, SPITAL LANE, BRENTWOOD, CM14 5PG - £500,000

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

50 SPITAL LANE is a large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £500,000 in August 2007, which was around 5% above the average August 2007 detached price in the Brentwood local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

50 SPITAL LANE Sold Prices

Land registry data shows two sales for 50 SPITAL 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 Brentwood local authority area for the corresponding sale date. One of the two 50 SPITAL LANE sales was for above the average price, whilst the other was 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
2007 31 AUG	£500,000	£474,484	5% above HPI
2003 22 AUG	£250,000	£371,501	33% below HPI

50 SPITAL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 50 SPITAL LANE sales from August 2003 and August 2007 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 August 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2007 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 50 SPITAL LANE?

50 SPITAL LANE is 198m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 30% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 50 SPITAL LANE lies on this distribution: 78% of detached houses are smaller than 50 SPITAL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

50 SPITAL LANE: Plot and Title Map

50 SPITAL LANE sits on a plot of roughly 0.247 of an acre, or 1,001m². The below map shows the location of 50 SPITAL 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 50 SPITAL 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 50 SPITAL LANE?

50 SPITAL LANE is located in BRENTWOOD, in the CM14 postcode district. The below map shows the position of No. 50 on SPITAL LANE.