MERAKI, THE STREET, LITTLE DUNMOW, DUNMOW, CM6 3HT - £1,075,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MERAKI is a very large detached house of 261m², built in 2021. It was last sold for £1,075,000 in June 2024, which was around 52% above the average June 2024 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was B.

MERAKI Sold Prices

Land registry data shows two sales for MERAKI 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 MERAKI 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 28 JUN	£1,075,000	£708,826	52% above HPI
2020 24 JUL	£175,000	£597,908	71% below HPI

MERAKI 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 MERAKI sales from July 2020 and June 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 July 2020 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the June 2024 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is MERAKI?

MERAKI is 261m² according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Little Dunmow, based on EPC data. The below chart shows the distribution of detached houses by size in Little Dunmow, and where MERAKI lies on this distribution: 97% of detached houses are smaller than MERAKI, and 3% of houses are larger. Note that EPC data is not available for all properties in Little Dunmow.

MERAKI: Plot and Title Map

MERAKI sits on a plot of roughly 0.359 of an acre, or 1,455m². The below map shows the location of MERAKI, 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 MERAKI). 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 MERAKI?

MERAKI is located on THE STREET in LITTLE DUNMOW, in the CM6 postcode district. The below map shows the position of MERAKI on THE STREET.