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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FAIR LEAS is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £550,706. It was last sold for £385,000 in May 2014, which was around 22% 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	£492,816	22% below HPI
2004 29 APR	£266,500	£354,339	25% below HPI
2001 29 MAR	£168,950	£243,260	31% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 FAIR LEAS be worth now?

7 FAIR LEAS might now be worth an estimated £550,706.

This is based on house price inflation of 43%, between May 2014 and December 2024, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43% inflationary increase is applied to the most recent sale price for 7 FAIR LEAS of £385,000 on 30th May 2014. For the value to have increased from £385,000 to £550,706 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 7 FAIR LEAS has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The May 2014 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAIR LEAS has not materially changed since May 2014.

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 houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saffron Walden, and where 7 FAIR LEAS lies on this distribution: 12% of detached houses 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.