THE RED HOUSE, MILL HILL, SHENFIELD, BRENTWOOD, CM15 8EU - £1,775,000

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 RED HOUSE is a very large detached house of 661m², built in 2021. It was last sold for £1,775,000 in August 2015, which was around 186% above the average August 2015 detached price in the Brentwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

THE RED HOUSE Sold Prices

Land registry data shows three sales for THE RED HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the three THE RED HOUSE 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
2015 28 AUG	£1,775,000	£620,076	186% above HPI
1997 24 JUL	£700,000	£170,694	310% above HPI
1996 31 JAN	£345,000	£135,659	154% above HPI

THE RED HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The three THE RED HOUSE sales between January 1996 and August 2015 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 1997 sale was for 310% above the HPI. So the extrapolation line tracks at 310% above the HPI over time, until the August 2015 sale, where it falls to 186% above the HPI. The line then continues to track at 186% above the HPI.

How Large is THE RED HOUSE?

THE RED HOUSE is 661m² according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where THE RED HOUSE lies on this distribution: More than 99% of detached houses are smaller than THE RED HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

THE RED HOUSE: Plot and Title Map

THE RED HOUSE sits on a plot of roughly 0.497 of an acre, or 2,009m². The below map shows the location of THE RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

THE RED HOUSE is located on MILL HILL in SHENFIELD, in the CM15 postcode district. The below map shows the position of THE RED HOUSE on MILL HILL.