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
68 CAMBRIDGE ROAD is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £315,000 in June 2013, which was around 26% below the average June 2013 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 68 CAMBRIDGE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four 68 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 |
---|---|---|---|
2013 13 JUN | £315,000 | £425,861 | 26% below HPI |
2006 21 AUG | £285,000 | £369,305 | 23% below HPI |
2004 26 AUG | £250,000 | £344,552 | 27% below HPI |
1999 26 MAR | £112,500 | £165,174 | 32% below HPI |
The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The four 68 CAMBRIDGE ROAD sales between March 1999 and June 2013 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
68 CAMBRIDGE ROAD is 70m², which includes one extension, according to the EPC inspection conducted in February 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 68 CAMBRIDGE ROAD lies on this distribution: 3% of detached houses are smaller than 68 CAMBRIDGE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.
68 CAMBRIDGE ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 68 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 68 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.
68 CAMBRIDGE ROAD is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 68 on CAMBRIDGE ROAD.