JORVIC, PARK STREET, THAXTED, DUNMOW, CM6 2NE - £395,000

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

JORVIC is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £395,000 in June 2021, which was around 37% below the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

JORVIC Sold Prices

Land registry data shows three sales for JORVIC since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three JORVIC 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
2021 25 JUN	£395,000	£625,192	37% below HPI
1998 7 OCT	£145,500	£180,252	19% below HPI
1996 6 JUN	£115,000	£129,881	11% below HPI

JORVIC 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 three JORVIC sales between June 1996 and June 2021 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 October 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is JORVIC?

JORVIC is 141m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Thaxted, based on EPC data. The below chart shows the distribution of detached houses by size in Thaxted, and where JORVIC lies on this distribution: 62% of detached houses are smaller than JORVIC, and 38% of houses are larger. Note that EPC data is not available for all properties in Thaxted.

JORVIC: Plot and Title Map

JORVIC sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of JORVIC, 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 JORVIC). 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 JORVIC?

JORVIC is located on PARK STREET in THAXTED, in the CM6 postcode district. The below map shows the position of JORVIC on PARK STREET.