7, WOOD LANE, BIRCHANGER, BISHOP'S STORTFORD, CM23 5QN - £724,000

7 WOOD LANE is a very large extended detached house of 222m², built sometime between 1950 and 1966. It was last sold for £724,000 in June 2014, which was around 55% above the average June 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

7 WOOD LANE Sold Prices

Land registry data shows two sales for 7 WOOD 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 Uttlesford local authority area for the corresponding sale date. Both of the two 7 WOOD LANE sales were for above 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
2014 18 JUN	£724,000	£466,296	55% above HPI
2002 4 APR	£374,000	£278,478	34% above HPI

7 WOOD LANE 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 7 WOOD LANE sales from April 2002 and June 2014 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 April 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2014 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 7 WOOD LANE?

7 WOOD LANE is 222m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Birchanger, based on EPC data. The below chart shows the distribution of detached houses by size in Birchanger, and where 7 WOOD LANE lies on this distribution: 92% of detached houses are smaller than 7 WOOD LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Birchanger.

7 WOOD LANE: Plot and Title Map

7 WOOD LANE sits on a plot of roughly 1.1 acres, or 4,315m². The below map shows the location of 7 WOOD 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 7 WOOD 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 7 WOOD LANE?

7 WOOD LANE is located in BIRCHANGER, in the CM23 postcode district. The below map shows the position of No. 7 on WOOD LANE.