THE CEDAR, STEVENS LANE, FELSTED, DUNMOW, CM6 3NJ - £470,000

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

THE CEDAR is a small detached house of 123m², which could now be worth an estimated £528,863. It was last sold for £470,000 in March 2021, which was around 28% below the average March 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

THE CEDAR Sold Prices

Land registry data shows two sales for THE CEDAR 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 THE CEDAR 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
2021 10 MAR	£470,000	£648,759	28% below HPI
2012 17 SEP	£365,000	£439,076	17% below HPI

THE CEDAR 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 THE CEDAR sales from September 2012 and March 2021 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 September 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might THE CEDAR be worth now?

THE CEDAR might now be worth an estimated £528,863.

This is based on house price inflation of 12.5%, between March 2021 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 12.5% inflationary increase is applied to the most recent sale price for THE CEDAR of £470,000 on 10th March 2021. For the value to have increased from £470,000 to £528,863 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE CEDAR has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The March 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of THE CEDAR has not materially changed since March 2021.

How Large is THE CEDAR?

THE CEDAR is 123m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses houses in Bannister Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bannister Green, and where THE CEDAR lies on this distribution: 40% of detached houses houses are smaller than THE CEDAR, and 60% of houses are larger. Note that EPC data is not available for all properties in Bannister Green.

THE CEDAR: Plot and Title Map

THE CEDAR sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of THE CEDAR, 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 THE CEDAR). 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 THE CEDAR?

THE CEDAR is located on STEVENS LANE in FELSTED, in the CM6 postcode district. The below map shows the position of THE CEDAR on STEVENS LANE.