THE WEFT HOUSE, CORNELLS LANE, WIDDINGTON, SAFFRON WALDEN, CB11 3SP - £1,900,000

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 WEFT HOUSE is a very large extended detached house of 364m², built sometime before 1900. It was last sold for £1,900,000 in March 2021, which was around 206% above the average March 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

THE WEFT HOUSE Sold Prices

Land registry data shows two sales for THE WEFT HOUSE 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 WEFT 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
2021 23 MAR	£1,900,000	£621,748	206% above HPI
1995 21 SEP	£450,000	£128,448	250% above HPI

THE WEFT HOUSE 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 WEFT HOUSE sales from September 1995 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 1995 sale was for 250% above the HPI. So the extrapolation line tracks at 250% above the HPI over time, until the March 2021 sale, where it falls to 206% above the HPI. The line then continues to track at 206% above the HPI.

How Large is THE WEFT HOUSE?

THE WEFT HOUSE is 364m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Widdington, based on EPC data. The below chart shows the distribution of detached houses by size in Widdington, and where THE WEFT HOUSE lies on this distribution: 91% of detached houses are smaller than THE WEFT HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Widdington.

THE WEFT HOUSE: Plot and Title Map

THE WEFT HOUSE sits on a plot of roughly 11.2 acres, or 45,214m². The below map shows the location of THE WEFT 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 WEFT 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 WEFT HOUSE?

THE WEFT HOUSE is located on CORNELLS LANE in WIDDINGTON, in the CB11 postcode district. The below map shows the position of THE WEFT HOUSE on CORNELLS LANE.