7, CLARKE CLOSE, STANSTED, CM24 8FX - £515,000

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

7 CLARKE CLOSE is a midsized detached house of 135m². It was last sold for £515,000 in June 2021, which was around 18% below the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

7 CLARKE CLOSE Sold Prices

Land registry data shows two sales for 7 CLARKE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 7 CLARKE 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
2021 17 JUN	£515,000	£625,192	18% below HPI
2012 8 JUN	£350,000	£418,559	16% below HPI

7 CLARKE 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 two 7 CLARKE CLOSE sales from June 2012 and June 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 June 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 CLARKE CLOSE?

7 CLARKE CLOSE is 135m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% 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 7 CLARKE CLOSE lies on this distribution: 43% of detached houses are smaller than 7 CLARKE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

7 CLARKE CLOSE: Plot and Title Map

7 CLARKE CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 CLARKE 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 7 CLARKE 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 7 CLARKE CLOSE?

7 CLARKE CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 7 on CLARKE CLOSE.