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
THE GABLES is a very large extended detached house of 194m², built sometime between 1950 and 1966. It was last sold for £625,000 in February 2019, which was around 6% above the average February 2019 detached price in the Uttlesford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for THE GABLES since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Two of the three THE GABLES sales were for above the average price, whilst one 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 |
---|---|---|---|
2019 22 FEB | £625,000 | £592,254 | 6% above HPI |
2004 28 SEP | £445,000 | £352,826 | 26% above HPI |
2001 28 SEP | £227,500 | £261,176 | 13% below HPI |
The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three THE GABLES sales between September 2001 and February 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 September 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
THE GABLES is 194m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses in Rickling Green, based on EPC data. The below chart shows the distribution of detached houses by size in Rickling Green, and where THE GABLES lies on this distribution: 87% of detached houses are smaller than THE GABLES, and 13% of houses are larger. Note that EPC data is not available for all properties in Rickling Green.
THE GABLES sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of THE GABLES, 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 GABLES). 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.
THE GABLES is located on GREEN ROAD in RICKLING GREEN, in the CB11 postcode district. The below map shows the position of THE GABLES on GREEN ROAD.