71, SHEERING LOWER ROAD, SAWBRIDGEWORTH, CM21 9LG - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 SHEERING LOWER ROAD is a very small detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £361,198. It was last sold for £325,000 in July 2018, which was around 65% below the average July 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

71 SHEERING LOWER ROAD Sold Prices

Land registry data shows three sales for 71 SHEERING LOWER 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 Epping Forest local authority area for the corresponding sale date. All of the three 71 SHEERING LOWER ROAD 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
2018 11 JUL	£325,000	£934,804	65% below HPI
1998 5 AUG	£125,000	£232,283	46% below HPI
1996 16 OCT	£103,000	£178,415	42% below HPI

71 SHEERING LOWER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 71 SHEERING LOWER ROAD sales between October 1996 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 August 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2018 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 71 SHEERING LOWER ROAD be worth now?

71 SHEERING LOWER ROAD might now be worth an estimated £361,198.

This is based on house price inflation of 11.1%, between July 2018 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for 71 SHEERING LOWER ROAD of £325,000 on 11th July 2018. For the value to have increased from £325,000 to £361,198 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 71 SHEERING LOWER ROAD has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The July 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 71 SHEERING LOWER ROAD has not materially changed since July 2018.

How Large is 71 SHEERING LOWER ROAD?

71 SHEERING LOWER ROAD is 93m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sawbridgeworth, and where 71 SHEERING LOWER ROAD lies on this distribution: 17% of detached houses houses are smaller than 71 SHEERING LOWER ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

71 SHEERING LOWER ROAD: Plot and Title Map

71 SHEERING LOWER ROAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 71 SHEERING LOWER 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 71 SHEERING LOWER 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 71 SHEERING LOWER ROAD?

71 SHEERING LOWER ROAD is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 71 on SHEERING LOWER ROAD.