FIVE FARTHINGS, REDRICKS LANE, SAWBRIDGEWORTH, CM21 0RL - £1,112,500

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

FIVE FARTHINGS is a very large extended detached house of 239m², built sometime between 1976 and 1982. It was last sold for £1,112,500 in July 2022, which was around 41% above the average July 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

FIVE FARTHINGS Sold Prices

Land registry data shows two sales for FIVE FARTHINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two FIVE FARTHINGS sales were for above 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
2022 22 JUL	£1,112,500	£788,881	41% above HPI
2007 24 AUG	£625,000	£457,659	37% above HPI

FIVE FARTHINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two FIVE FARTHINGS sales from August 2007 and July 2022 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 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is FIVE FARTHINGS?

FIVE FARTHINGS is 239m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where FIVE FARTHINGS lies on this distribution: 91% of detached houses are smaller than FIVE FARTHINGS, and 8% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

FIVE FARTHINGS: Plot and Title Map

FIVE FARTHINGS sits on a plot of roughly 0.542 of an acre, or 2,193m². The below map shows the location of FIVE FARTHINGS, 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 FIVE FARTHINGS). 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 FIVE FARTHINGS?

FIVE FARTHINGS is located on REDRICKS LANE in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of FIVE FARTHINGS on REDRICKS LANE.