5, REDRICKS LANE, SAWBRIDGEWORTH, CM21 0RL - £650,000

5 REDRICKS LANE is a midsized extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £650,000 in August 2022, which was around 19% below the average August 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

5 REDRICKS LANE Sold Prices

Land registry data shows two sales for 5 REDRICKS 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 5 REDRICKS 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
2022 18 AUG	£650,000	£799,147	19% below HPI
2000 19 OCT	£165,000	£260,138	37% below HPI

5 REDRICKS 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 5 REDRICKS LANE sales from October 2000 and August 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 October 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 REDRICKS LANE?

5 REDRICKS LANE is 139m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where 5 REDRICKS LANE lies on this distribution: 54% of detached houses are smaller than 5 REDRICKS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

5 REDRICKS LANE: Plot and Title Map

5 REDRICKS LANE sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of 5 REDRICKS 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 5 REDRICKS 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 5 REDRICKS LANE?

5 REDRICKS LANE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 5 on REDRICKS LANE.