8, VERNONS CLOSE, HENHAM, BISHOP'S STORTFORD, CM22 6AE - £410,000

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.

8 VERNONS CLOSE is a small extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £478,388. It was last sold for £410,000 in March 2019, which was around 34% below the average March 2019 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

8 VERNONS CLOSE Sold Prices

Land registry data shows two sales for 8 VERNONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 8 VERNONS CLOSE 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
2019 1 MAR	£410,000	£625,651	34% below HPI
1997 7 FEB	£103,000	£147,734	30% below HPI

8 VERNONS 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 two 8 VERNONS CLOSE sales from February 1997 and March 2019 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 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 VERNONS CLOSE be worth now?

8 VERNONS CLOSE might now be worth an estimated £478,388.

This is based on house price inflation of 16.7%, between March 2019 and February 2025, 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 16.7% inflationary increase is applied to the most recent sale price for 8 VERNONS CLOSE of £410,000 on 1st March 2019. For the value to have increased from £410,000 to £478,388 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 8 VERNONS CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The March 2019 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VERNONS CLOSE has not materially changed since March 2019.

How Large is 8 VERNONS CLOSE?

8 VERNONS CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses houses in Henham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henham, and where 8 VERNONS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 VERNONS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Henham.

8 VERNONS CLOSE: Plot and Title Map

8 VERNONS CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 8 VERNONS 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 8 VERNONS 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 8 VERNONS CLOSE?

8 VERNONS CLOSE is located in HENHAM, in the CM22 postcode district. The below map shows the position of No. 8 on VERNONS CLOSE.