CROFTERS, HIGH STREET, HEMPSTEAD, SAFFRON WALDEN, CB10 2PD - £604,500

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.

CROFTERS is a very small extended detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £616,141. It was last sold for £604,500 in July 2023, which was around 16% below the average July 2023 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was F, and the potential energy rating was D.

CROFTERS Sold Prices

Land registry data shows four sales for CROFTERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Most of the four CROFTERS 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 7 JUL	£604,500	£716,218	16% below HPI
2011 7 JUL	£425,000	£408,208	4% above HPI
2002 19 JUL	£270,000	£300,605	10% below HPI
2002 25 JAN	£215,000	£270,836	21% below HPI

CROFTERS 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 four CROFTERS sales between January 2002 and July 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 July 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might CROFTERS be worth now?

CROFTERS might now be worth an estimated £616,141.

This is based on house price inflation of 1.9%, between July 2023 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 1.9% inflationary increase is applied to the most recent sale price for CROFTERS of £604,500 on 7th July 2023. For the value to have increased from £604,500 to £616,141 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of CROFTERS has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The July 2023 sale price of £604,500 represented a fair market value for the property.
• The size, condition, and specification of CROFTERS has not materially changed since July 2023.

How Large is CROFTERS?

CROFTERS is 126m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hempstead, and where CROFTERS lies on this distribution: 15% of detached houses houses are smaller than CROFTERS, and 85% of houses are larger. Note that EPC data is not available for all properties in Hempstead.

CROFTERS: Plot and Title Map

CROFTERS sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of CROFTERS, 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 CROFTERS). 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 CROFTERS?

CROFTERS is located on HIGH STREET in HEMPSTEAD, in the CB10 postcode district. The below map shows the position of CROFTERS on HIGH STREET.