47, SPITAL LANE, BRENTWOOD, CM14 5PQ - £355,000

47 SPITAL LANE is a midsized semi-detached house of 128m², built sometime between 1967 and 1975. It was last sold for £355,000 in May 2013, which was around 30% below the average May 2013 detached price in the Brentwood local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

47 SPITAL LANE Sold Prices

Land registry data shows two sales for 47 SPITAL 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 Brentwood local authority area for the corresponding sale date. Both of the two 47 SPITAL 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
2013 24 MAY	£355,000	£506,277	30% below HPI
2001 30 MAR	£222,000	£265,892	17% below HPI

47 SPITAL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 47 SPITAL LANE sales from March 2001 and May 2013 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 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 47 SPITAL LANE?

47 SPITAL LANE is 128m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 47 SPITAL LANE lies on this distribution: 40% of detached houses are smaller than 47 SPITAL LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

47 SPITAL LANE: Plot and Title Map

47 SPITAL LANE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 47 SPITAL 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 47 SPITAL 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 47 SPITAL LANE?

47 SPITAL LANE is located in BRENTWOOD, in the CM14 postcode district. The below map shows the position of No. 47 on SPITAL LANE.