7, FAIR LEAS, SAFFRON WALDEN, CB10 2DR - £385,000

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 FAIR LEAS is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £385,000 in May 2014, which was around 18% below the average May 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

7 FAIR LEAS Sold Prices

Land registry data shows three sales for 7 FAIR LEAS 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 7 FAIR LEAS 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
2014 30 MAY	£385,000	£472,297	18% below HPI
2004 29 APR	£266,500	£339,587	22% below HPI
2001 29 MAR	£168,950	£233,132	28% below HPI

7 FAIR LEAS 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 FAIR LEAS sales between March 2001 and May 2014 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 April 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 FAIR LEAS?

7 FAIR LEAS is 90m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses by size in Saffron Walden, and where 7 FAIR LEAS lies on this distribution: 12% of detached houses are smaller than 7 FAIR LEAS, and 87% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

7 FAIR LEAS: Plot and Title Map

7 FAIR LEAS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 7 FAIR LEAS, 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 FAIR LEAS). 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 FAIR LEAS?

7 FAIR LEAS is located in SAFFRON WALDEN, in the CB10 postcode district. The below map shows the position of No. 7 on FAIR LEAS.