Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
THE TOWER HOUSE is a very large extended detached house of 251m², built sometime between 1983 and 1990. It was last sold for £975,000 in July 2023, which was around 42% above the average July 2023 detached price in the Uttlesford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for THE TOWER HOUSE 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. All of the three THE TOWER 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 |
---|---|---|---|
2023 21 JUL | £975,000 | £686,399 | 42% above HPI |
2020 9 DEC | £785,000 | £622,800 | 26% above HPI |
2016 21 APR | £650,000 | £536,690 | 21% above 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 TOWER HOUSE sales between April 2016 and July 2023 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 December 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.
THE TOWER HOUSE is 251m², which includes three extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of detached houses by size in Stansted Mountfitchet, and where THE TOWER HOUSE lies on this distribution: 97% of detached houses are smaller than THE TOWER HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.
THE TOWER HOUSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of THE TOWER 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 TOWER 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.
THE TOWER HOUSE is located on BENTFIELD GREEN in STANSTED, in the CM24 postcode district. The below map shows the position of THE TOWER HOUSE on BENTFIELD GREEN.