56, CAMBRIDGE ROAD, STANSTED, CM24 8DA - £349,000

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

56 CAMBRIDGE ROAD is a very small detached house of 68m², built sometime before 1900. It was last sold for £349,000 in January 2021, which was around 44% below the average January 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

56 CAMBRIDGE ROAD Sold Prices

Land registry data shows eight sales for 56 CAMBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the eight 56 CAMBRIDGE ROAD 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
2021 28 JAN	£349,000	£620,504	44% below HPI
2017 29 SEP	£330,000	£580,393	43% below HPI
2014 13 JUN	£260,000	£466,296	44% below HPI
2005 1 APR	£205,000	£350,159	41% below HPI
2003 14 APR	£168,000	£313,201	46% below HPI
2001 10 AUG	£125,000	£247,769	50% below HPI
1999 15 SEP	£109,995	£190,472	42% below HPI
1997 31 JUL	£71,000	£150,227	53% below HPI

56 CAMBRIDGE ROAD 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 eight 56 CAMBRIDGE ROAD sales between July 1997 and January 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 September 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 CAMBRIDGE ROAD?

56 CAMBRIDGE ROAD is 68m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of detached houses by size in Stansted Mountfitchet, and where 56 CAMBRIDGE ROAD lies on this distribution: 2% of detached houses are smaller than 56 CAMBRIDGE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

56 CAMBRIDGE ROAD: Plot and Title Map

56 CAMBRIDGE ROAD sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 56 CAMBRIDGE ROAD, 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 56 CAMBRIDGE ROAD). 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 56 CAMBRIDGE ROAD?

56 CAMBRIDGE ROAD is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 56 on CAMBRIDGE ROAD.