14, REDDINGS CLOSE, SAFFRON WALDEN, CB11 4AZ - £265,000

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.

14 REDDINGS CLOSE is a large extended detached house of 159m², built sometime between 1967 and 1975, which could now be worth an estimated £512,578. It was last sold for £265,000 in March 2009, which was around 31% below the average March 2009 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

14 REDDINGS CLOSE Sold Prices

Land registry data shows two sales for 14 REDDINGS CLOSE 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 14 REDDINGS CLOSE sales were for 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
2009 31 MAR	£265,000	£383,299	31% below HPI
2007 29 NOV	£355,000	£446,480	20% below HPI

14 REDDINGS CLOSE 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 14 REDDINGS CLOSE sales from November 2007 and March 2009 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 November 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2009 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 14 REDDINGS CLOSE be worth now?

14 REDDINGS CLOSE might now be worth an estimated £512,578.

This is based on house price inflation of 93.4%, between March 2009 and May 2026, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.4% inflationary increase is applied to the most recent sale price for 14 REDDINGS CLOSE of £265,000 on 31st March 2009. For the value to have increased from £265,000 to £512,578 over the sixteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 14 REDDINGS CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The March 2009 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 14 REDDINGS CLOSE has not materially changed since March 2009.

How Large is 14 REDDINGS CLOSE?

14 REDDINGS CLOSE is 159m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saffron Walden, and where 14 REDDINGS CLOSE lies on this distribution: 76% of detached houses houses are smaller than 14 REDDINGS CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

14 REDDINGS CLOSE: Plot and Title Map

14 REDDINGS CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 14 REDDINGS CLOSE, 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 14 REDDINGS CLOSE). 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 14 REDDINGS CLOSE?

14 REDDINGS CLOSE is located in SAFFRON WALDEN, in the CB11 postcode district. The below map shows the position of No. 14 on REDDINGS CLOSE.