48, SPITAL LANE, BRENTWOOD, CM14 5PG - £665,000

48 SPITAL LANE is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £665,000 in March 2017, which was around 9% below the average March 2017 detached price in the Brentwood local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was B.

48 SPITAL LANE Sold Prices

Land registry data shows two sales for 48 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 48 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
2017 30 MAR	£665,000	£733,477	9% below HPI
2015 30 JUN	£357,500	£605,334	41% below HPI

48 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 48 SPITAL LANE sales from June 2015 and March 2017 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 SPITAL LANE?

48 SPITAL LANE is 70m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 48 SPITAL LANE lies on this distribution: 3% of detached houses are smaller than 48 SPITAL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

48 SPITAL LANE: Plot and Title Map

48 SPITAL LANE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 48 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 48 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 48 SPITAL LANE?

48 SPITAL LANE is located in BRENTWOOD, in the CM14 postcode district. The below map shows the position of No. 48 on SPITAL LANE.