3, GILLON WAY, RADWINTER, SAFFRON WALDEN, CB10 2FU - £380,000

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.

3 GILLON WAY is a very small detached house of 85m², which could now be worth an estimated £421,190. It was last sold for £380,000 in June 2021, which was around 42% below the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

3 GILLON WAY Sold Prices

Land registry data shows two sales for 3 GILLON WAY 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 3 GILLON WAY 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
2021 7 JUN	£380,000	£652,352	42% below HPI
2017 30 JUN	£395,000	£627,029	37% below HPI

3 GILLON WAY 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 3 GILLON WAY sales from June 2017 and June 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 June 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 3 GILLON WAY be worth now?

3 GILLON WAY might now be worth an estimated £421,190.

This is based on house price inflation of 10.8%, between June 2021 and June 2025, 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 10.8% inflationary increase is applied to the most recent sale price for 3 GILLON WAY of £380,000 on 7th June 2021. For the value to have increased from £380,000 to £421,190 over the four years to June 2025, the following assumptions must hold true:

• The value of 3 GILLON WAY has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The June 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GILLON WAY has not materially changed since June 2021.

How Large is 3 GILLON WAY?

3 GILLON WAY is 85m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Radwinter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Radwinter, and where 3 GILLON WAY lies on this distribution: 4% of detached houses houses are smaller than 3 GILLON WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Radwinter.

3 GILLON WAY: Plot and Title Map

3 GILLON WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 3 GILLON WAY, 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 3 GILLON WAY). 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 3 GILLON WAY?

3 GILLON WAY is located in RADWINTER, in the CB10 postcode district. The below map shows the position of No. 3 on GILLON WAY.