7, PARK ROAD, STANSTED, CM24 8PB - £710,000

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 PARK ROAD is a midsized extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £710,000 in July 2018, which was around 17% above the average July 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

7 PARK ROAD Sold Prices

Land registry data shows three sales for 7 PARK ROAD 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 PARK ROAD sales were for above 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
2018 31 JUL	£710,000	£608,762	17% above HPI
2007 15 FEB	£415,000	£373,921	11% above HPI
1995 17 NOV	£150,000	£127,605	18% above HPI

7 PARK ROAD 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 PARK ROAD sales between November 1995 and July 2018 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 February 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 PARK ROAD?

7 PARK ROAD is 156m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 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 PARK ROAD lies on this distribution: 58% of detached houses are smaller than 7 PARK ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

7 PARK ROAD: Plot and Title Map

7 PARK ROAD sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of 7 PARK 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 7 PARK 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.

Where is 7 PARK ROAD?

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