1, THE CREST, SAWBRIDGEWORTH, CM21 0ER - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE CREST is a very small terraced house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £509,861. It was last sold for £430,000 in July 2016, which was around 28% above the average July 2016 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

1 THE CREST Sold Prices

Land registry data shows three sales for 1 THE CREST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. The three 1 THE CREST sales were a mix of above the average price, roughly equal to the average price, and 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
2016 15 JUL	£430,000	£337,115	28% above HPI
2013 13 DEC	£249,950	£250,588	Close to HPI
2008 1 FEB	£218,000	£240,550	9% below HPI

1 THE CREST Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 1 THE CREST sales between February 2008 and July 2016 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 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2016 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 THE CREST be worth now?

1 THE CREST might now be worth an estimated £509,861.

This is based on house price inflation of 18.6%, between July 2016 and July 2025, for terraced houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 1 THE CREST of £430,000 on 15th July 2016. For the value to have increased from £430,000 to £509,861 over the nine years to July 2025, the following assumptions must hold true:

• The value of 1 THE CREST has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The July 2016 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE CREST has not materially changed since July 2016.

How Large is 1 THE CREST?

1 THE CREST is 82m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of terraced houses houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sawbridgeworth, and where 1 THE CREST lies on this distribution: 9% of terraced houses houses are smaller than 1 THE CREST, and 90% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

1 THE CREST: Plot and Title Map

1 THE CREST sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1 THE CREST, 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 1 THE CREST). 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 1 THE CREST?

1 THE CREST is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 1 on THE CREST.