8, QUEENS CLOSE, STANSTED, CM24 8EJ - £370,000

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.

8 QUEENS CLOSE is a very small terraced house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £432,949. It was last sold for £370,000 in October 2018, which was around 17% above the average October 2018 terraced price in the Uttlesford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

8 QUEENS CLOSE Sold Prices

Land registry data shows three sales for 8 QUEENS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Uttlesford local authority area for the corresponding sale date. All of the three 8 QUEENS CLOSE 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
2018 19 OCT	£370,000	£317,028	17% above HPI
2011 21 OCT	£232,500	£217,098	7% above HPI
2001 20 APR	£140,000	£113,648	23% above HPI

8 QUEENS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Uttlesford local authority area over time, sourced from the HPI. The three 8 QUEENS CLOSE sales between April 2001 and October 2018 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 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 QUEENS CLOSE be worth now?

8 QUEENS CLOSE might now be worth an estimated £432,949.

This is based on house price inflation of 17%, between October 2018 and May 2026, for terraced houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 8 QUEENS CLOSE of £370,000 on 19th October 2018. For the value to have increased from £370,000 to £432,949 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 8 QUEENS CLOSE has moved in line with the HPI for terraced houses in the Uttlesford local authority area.
• The October 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 QUEENS CLOSE has not materially changed since October 2018.

How Large is 8 QUEENS CLOSE?

8 QUEENS CLOSE is 93m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of terraced houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stansted Mountfitchet, and where 8 QUEENS CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 8 QUEENS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

8 QUEENS CLOSE: Plot and Title Map

8 QUEENS CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 8 QUEENS CLOSE, 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 8 QUEENS CLOSE). 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 8 QUEENS CLOSE?

8 QUEENS CLOSE is located in STANSTED, in the CM24 postcode district. The below map shows the position of No. 8 on QUEENS CLOSE.