SPIRES, HIGH CROSS LANE, LITTLE CANFIELD, DUNMOW, CM6 1TB - £1,195,000

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

SPIRES is a very large detached house of 204m², built in 2020. It was last sold for £1,195,000 in August 2022, which was around 68% above the average August 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

SPIRES Sold Prices

Land registry data shows two sales for SPIRES 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 SPIRES 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
2022 26 AUG	£1,195,000	£711,667	68% above HPI
2020 31 JUL	£140,000	£597,908	77% below HPI

SPIRES 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 SPIRES sales from July 2020 and August 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 July 2020 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the August 2022 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is SPIRES?

SPIRES is 204m² according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Little Canfield, based on EPC data. The below chart shows the distribution of detached houses by size in Little Canfield, and where SPIRES lies on this distribution: 97% of detached houses are smaller than SPIRES, and 3% of houses are larger. Note that EPC data is not available for all properties in Little Canfield.

SPIRES: Plot and Title Map

SPIRES sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of SPIRES, 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 SPIRES). 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 SPIRES?

SPIRES is located on HIGH CROSS LANE in LITTLE CANFIELD, in the CM6 postcode district. The below map shows the position of SPIRES on HIGH CROSS LANE.