2, MILLER CLOSE, STANSTED, CM24 8FJ - £395,000

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.

2 MILLER CLOSE is a small semi-detached house of 122m², built in 2008, which could now be worth an estimated £525,972. It was last sold for £395,000 in March 2016, which was around 17% above the average March 2016 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was B, and the potential energy rating was B.

2 MILLER CLOSE Sold Prices

Land registry data shows two sales for 2 MILLER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 2 MILLER CLOSE 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
2016 31 MAR	£395,000	£337,206	17% above HPI
2011 21 FEB	£299,950	£248,399	21% above HPI

2 MILLER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 2 MILLER CLOSE sales from February 2011 and March 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 February 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 MILLER CLOSE be worth now?

2 MILLER CLOSE might now be worth an estimated £525,972.

This is based on house price inflation of 33.2%, between March 2016 and May 2026, for semi-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 33.2% inflationary increase is applied to the most recent sale price for 2 MILLER CLOSE of £395,000 on 31st March 2016. For the value to have increased from £395,000 to £525,972 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 MILLER CLOSE has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The March 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLER CLOSE has not materially changed since March 2016.

How Large is 2 MILLER CLOSE?

2 MILLER CLOSE is 122m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of semi-detached houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stansted Mountfitchet, and where 2 MILLER CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 2 MILLER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

2 MILLER CLOSE: Plot and Title Map

2 MILLER CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 2 MILLER 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 2 MILLER 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 2 MILLER CLOSE?

2 MILLER CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 2 on MILLER CLOSE.