CORNWOOD HOUSE, THE STREET, SHEERING, BISHOP'S STORTFORD, CM22 7LT - £450,000

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

CORNWOOD HOUSE is a small detached house of 131m², built sometime between 1991 and 1995. It was last sold for £450,000 in November 2014, which was around 35% below the average November 2014 detached price in the Epping Forest 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.

CORNWOOD HOUSE Sold Prices

Land registry data shows three sales for CORNWOOD HOUSE 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 CORNWOOD HOUSE 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 26 NOV	£450,000	£687,556	35% below HPI
2006 6 FEB	£340,000	£451,330	25% below HPI
2001 22 AUG	£250,000	£327,708	24% below HPI

CORNWOOD HOUSE 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 CORNWOOD HOUSE sales between August 2001 and November 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 February 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is CORNWOOD HOUSE?

CORNWOOD HOUSE is 131m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Sheering, based on EPC data. The below chart shows the distribution of detached houses by size in Sheering, and where CORNWOOD HOUSE lies on this distribution: 39% of detached houses are smaller than CORNWOOD HOUSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sheering.

CORNWOOD HOUSE: Plot and Title Map

CORNWOOD HOUSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of CORNWOOD HOUSE, 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 CORNWOOD HOUSE). 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 CORNWOOD HOUSE?

CORNWOOD HOUSE is located on THE STREET in SHEERING, in the CM22 postcode district. The below map shows the position of CORNWOOD HOUSE on THE STREET.