55, WEAVERHEAD CLOSE, THAXTED, DUNMOW, CM6 2PP - £445,000

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.

55 WEAVERHEAD CLOSE is a large extended detached house of 154m², built sometime between 1950 and 1966, which could now be worth an estimated £525,796. It was last sold for £445,000 in February 2018, which was around 28% below the average February 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

55 WEAVERHEAD CLOSE Sold Prices

Land registry data shows three sales for 55 WEAVERHEAD 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 55 WEAVERHEAD 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
2018 24 FEB	£445,000	£617,834	28% below HPI
2012 11 OCT	£235,000	£426,366	45% below HPI
2008 14 APR	£225,000	£426,424	47% below HPI

55 WEAVERHEAD 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 55 WEAVERHEAD CLOSE sales between April 2008 and February 2018 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 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 55 WEAVERHEAD CLOSE be worth now?

55 WEAVERHEAD CLOSE might now be worth an estimated £525,796.

This is based on house price inflation of 18.2%, between February 2018 and February 2025, for 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 18.2% inflationary increase is applied to the most recent sale price for 55 WEAVERHEAD CLOSE of £445,000 on 24th February 2018. For the value to have increased from £445,000 to £525,796 over the seven years to February 2025, the following assumptions must hold true:

• The value of 55 WEAVERHEAD CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The February 2018 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 55 WEAVERHEAD CLOSE has not materially changed since February 2018.

How Large is 55 WEAVERHEAD CLOSE?

55 WEAVERHEAD CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses houses in Thaxted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thaxted, and where 55 WEAVERHEAD CLOSE lies on this distribution: 73% of detached houses houses are smaller than 55 WEAVERHEAD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Thaxted.

55 WEAVERHEAD CLOSE: Plot and Title Map

55 WEAVERHEAD CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 55 WEAVERHEAD 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 55 WEAVERHEAD 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 55 WEAVERHEAD CLOSE?

55 WEAVERHEAD CLOSE is located in THAXTED, in the CM6 postcode district. The below map shows the position of No. 55 on WEAVERHEAD CLOSE.