7, CRESSAGES CLOSE, FELSTED, DUNMOW, CM6 3NW - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 CRESSAGES CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £625,000 in June 2021, which was about the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was B.

7 CRESSAGES CLOSE Sold Prices

Land registry data shows three sales for 7 CRESSAGES 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. The three 7 CRESSAGES CLOSE sales were a mix of roughly equal to the average price, and 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 4 JUN	£625,000	£625,192	Close to HPI
2017 28 SEP	£345,000	£580,393	41% below HPI
1995 26 MAY	£82,000	£124,543	34% below HPI

7 CRESSAGES 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 7 CRESSAGES CLOSE sales between May 1995 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 September 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 CRESSAGES CLOSE?

7 CRESSAGES CLOSE is 77m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Bannister Green, based on EPC data. The below chart shows the distribution of detached houses by size in Bannister Green, and where 7 CRESSAGES CLOSE lies on this distribution: 7% of detached houses are smaller than 7 CRESSAGES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bannister Green.

7 CRESSAGES CLOSE: Plot and Title Map

7 CRESSAGES CLOSE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 7 CRESSAGES 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 CRESSAGES 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 CRESSAGES CLOSE?

7 CRESSAGES CLOSE is located in FELSTED, in the CM6 postcode district. The below map shows the position of No. 7 on CRESSAGES CLOSE.