THE LAURELS, THE STREET, BERDEN, BISHOP'S STORTFORD, CM23 1AY - £935,000

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

THE LAURELS is a very large detached house of 240m², built sometime between 2003 and 2006. It was last sold for £935,000 in August 2018, which was around 52% above the average August 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Most of the four THE LAURELS sales were for above 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
2018 8 AUG	£935,000	£613,397	52% above HPI
2010 23 JUN	£840,000	£384,317	119% above HPI
2003 14 AUG	£680,000	£320,643	112% above HPI
2002 2 SEP	£250,000	£293,328	15% below HPI

THE LAURELS 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 four THE LAURELS sales between September 2002 and August 2018 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 June 2010 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the August 2018 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 240m² according to the EPC inspection conducted in February 2010. This puts it in the largest 20% of detached houses in Berden, based on EPC data. The below chart shows the distribution of detached houses by size in Berden, and where THE LAURELS lies on this distribution: 89% of detached houses are smaller than THE LAURELS, and 11% of houses are larger. Note that EPC data is not available for all properties in Berden.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.253 of an acre, or 1,022m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on THE STREET in BERDEN, in the CM23 postcode district. The below map shows the position of THE LAURELS on THE STREET.