LUMREEKIE, HIGH STREET, HEMPSTEAD, SAFFRON WALDEN, CB10 2PE - £1,000,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LUMREEKIE is a very large extended detached house of 242m², built sometime between 1967 and 1975, which could now be worth an estimated £1,025,191. It was last sold for £1,000,000 in August 2024, which was around 40% above the average August 2024 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

LUMREEKIE Sold Prices

Land registry data shows two sales for LUMREEKIE 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. One of the two LUMREEKIE sales was for above the average price, whilst the other was 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
2024 6 AUG	£1,000,000	£712,072	40% above HPI
2018 28 AUG	£380,000	£640,045	41% below HPI

LUMREEKIE 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 LUMREEKIE sales from August 2018 and August 2024 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 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2024 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might LUMREEKIE be worth now?

LUMREEKIE might now be worth an estimated £1,025,191.

This is based on house price inflation of 2.5%, between August 2024 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 2.5% inflationary increase is applied to the most recent sale price for LUMREEKIE of £1,000,000 on 6th August 2024. For the value to have increased from £1,000,000 to £1,025,191 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of LUMREEKIE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The August 2024 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of LUMREEKIE has not materially changed since August 2024.

How Large is LUMREEKIE?

LUMREEKIE is 242m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 LUMREEKIE lies on this distribution: 87% of detached houses houses are smaller than LUMREEKIE, and 13% of houses are larger. Note that EPC data is not available for all properties in Hempstead.

LUMREEKIE: Plot and Title Map

LUMREEKIE sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of LUMREEKIE, 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 LUMREEKIE). 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 LUMREEKIE?

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