TETHERDOWN, VICARAGE LANE, BERDEN, BISHOP'S STORTFORD, CM23 1AJ - £377,500

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

TETHERDOWN is a very small detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £579,890. It was last sold for £377,500 in March 2014, which was around 21% below the average March 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

TETHERDOWN Sold Prices

Land registry data shows two sales for TETHERDOWN 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. Both of the two TETHERDOWN 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
2014 6 MAR	£377,500	£475,226	21% below HPI
2002 16 OCT	£245,000	£317,808	23% below HPI

TETHERDOWN 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 TETHERDOWN sales from October 2002 and March 2014 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might TETHERDOWN be worth now?

TETHERDOWN might now be worth an estimated £579,890.

This is based on house price inflation of 53.6%, between March 2014 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 53.6% inflationary increase is applied to the most recent sale price for TETHERDOWN of £377,500 on 6th March 2014. For the value to have increased from £377,500 to £579,890 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of TETHERDOWN has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The March 2014 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of TETHERDOWN has not materially changed since March 2014.

How Large is TETHERDOWN?

TETHERDOWN is 94m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses houses in Berden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berden, and where TETHERDOWN lies on this distribution: 4% of detached houses houses are smaller than TETHERDOWN, and 96% of houses are larger. Note that EPC data is not available for all properties in Berden.

TETHERDOWN: Plot and Title Map

TETHERDOWN sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of TETHERDOWN, 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 TETHERDOWN). 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 TETHERDOWN?

TETHERDOWN is located on VICARAGE LANE in BERDEN, in the CM23 postcode district. The below map shows the position of TETHERDOWN on VICARAGE LANE.