RIVERVIEW, STONEY COMMON, STANSTED, CM24 8NH - £338,000

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

RIVERVIEW is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £338,000 in August 2019, which was around 42% below the average August 2019 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

RIVERVIEW Sold Prices

Land registry data shows six sales for RIVERVIEW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the six RIVERVIEW 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
2019 9 AUG	£338,000	£585,951	42% below HPI
2014 26 NOV	£260,000	£483,143	46% below HPI
2006 13 JAN	£222,000	£348,323	36% below HPI
2003 13 JUN	£207,000	£326,083	37% below HPI
1999 30 JUL	£71,500	£178,251	60% below HPI
1995 16 JUN	£57,000	£129,519	56% below HPI

RIVERVIEW 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 six RIVERVIEW sales between June 1995 and August 2019 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 November 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is RIVERVIEW?

RIVERVIEW is 88m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of detached houses by size in Stansted Mountfitchet, and where RIVERVIEW lies on this distribution: 9% of detached houses are smaller than RIVERVIEW, and 91% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

RIVERVIEW: Plot and Title Map

RIVERVIEW sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of RIVERVIEW, 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 RIVERVIEW). 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 RIVERVIEW?

RIVERVIEW is located on STONEY COMMON in STANSTED, in the CM24 postcode district. The below map shows the position of RIVERVIEW on STONEY COMMON.