BRODEAN, CROASDAILE ROAD, STANSTED, CM24 8DN - £347,000

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

BRODEAN is a very small detached house of 47m², built sometime between 2007 and 2011. It was last sold for £347,000 in October 2023, which was around 48% below the average October 2023 detached price in the Uttlesford local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was A.

BRODEAN Sold Prices

Land registry data shows two sales for BRODEAN 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 BRODEAN 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
2023 13 OCT	£347,000	£665,612	48% below HPI
2019 28 MAY	£329,995	£601,971	45% below HPI

BRODEAN 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 BRODEAN sales from May 2019 and October 2023 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 May 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is BRODEAN?

BRODEAN is 47m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% 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 BRODEAN lies on this distribution: Less than 1% of detached houses are smaller than BRODEAN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

BRODEAN: Plot and Title Map

BRODEAN sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of BRODEAN, 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 BRODEAN). 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 BRODEAN?

BRODEAN is located on CROASDAILE ROAD in STANSTED, in the CM24 postcode district. The below map shows the position of BRODEAN on CROASDAILE ROAD.