26, PALMER CLOSE, STANSTED, CM24 8FB - £495,000

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.

26 PALMER CLOSE is a small extended terraced house of 110m², built sometime between 2007 and 2011, which could now be worth an estimated £515,624. It was last sold for £495,000 in June 2022, which was around 39% above the average June 2022 terraced price in the Uttlesford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

26 PALMER CLOSE Sold Prices

Land registry data shows two sales for 26 PALMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Uttlesford local authority area for the corresponding sale date. Both of the two 26 PALMER 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
2022 1 JUN	£495,000	£356,127	39% above HPI
2009 12 JUN	£237,000	£197,450	20% above HPI

26 PALMER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Uttlesford local authority area over time, sourced from the HPI. The two 26 PALMER CLOSE sales from June 2009 and June 2022 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 June 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 26 PALMER CLOSE be worth now?

26 PALMER CLOSE might now be worth an estimated £515,624.

This is based on house price inflation of 4.2%, between June 2022 and May 2026, for terraced 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 4.2% inflationary increase is applied to the most recent sale price for 26 PALMER CLOSE of £495,000 on 1st June 2022. For the value to have increased from £495,000 to £515,624 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 26 PALMER CLOSE has moved in line with the HPI for terraced houses in the Uttlesford local authority area.
• The June 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 26 PALMER CLOSE has not materially changed since June 2022.

How Large is 26 PALMER CLOSE?

26 PALMER CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of terraced houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stansted Mountfitchet, and where 26 PALMER CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 26 PALMER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

26 PALMER CLOSE: Plot and Title Map

26 PALMER CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 26 PALMER 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 26 PALMER 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 26 PALMER CLOSE?

26 PALMER CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 26 on PALMER CLOSE.