39, SCHOOL LANE, SAWBRIDGEWORTH, CM21 9FA - £425,000

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.

39 SCHOOL LANE is a very small detached house of 78m², which could now be worth an estimated £479,456. It was last sold for £425,000 in June 2019, which was around 44% below the average June 2019 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

39 SCHOOL LANE Sold Prices

Land registry data shows two sales for 39 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 39 SCHOOL LANE 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
2019 28 JUN	£425,000	£760,242	44% below HPI
2014 5 MAR	£309,000	£560,148	45% below HPI

39 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 39 SCHOOL LANE sales from March 2014 and June 2019 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 March 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2019 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 39 SCHOOL LANE be worth now?

39 SCHOOL LANE might now be worth an estimated £479,456.

This is based on house price inflation of 12.8%, between June 2019 and March 2025, for detached 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 12.8% inflationary increase is applied to the most recent sale price for 39 SCHOOL LANE of £425,000 on 28th June 2019. For the value to have increased from £425,000 to £479,456 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 39 SCHOOL LANE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The June 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SCHOOL LANE has not materially changed since June 2019.

How Large is 39 SCHOOL LANE?

39 SCHOOL LANE is 78m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sawbridgeworth, and where 39 SCHOOL LANE lies on this distribution: 6% of detached houses houses are smaller than 39 SCHOOL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

39 SCHOOL LANE: Plot and Title Map

39 SCHOOL LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 39 SCHOOL LANE, 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 39 SCHOOL LANE). 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 39 SCHOOL LANE?

39 SCHOOL LANE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 39 on SCHOOL LANE.