FAYREMEAD, OUTINGS LANE, DODDINGHURST, BRENTWOOD, CM15 0LS - £750,000

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.

FAYREMEAD is a large detached house of 162m², built sometime between 1976 and 1982, which could now be worth an estimated £874,224. It was last sold for £750,000 in July 2020, which was around 10% below the average July 2020 detached price in the Brentwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

FAYREMEAD Sold Prices

Land registry data shows three sales for FAYREMEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. One of the three FAYREMEAD sales was for below the average price, whilst two 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
2020 9 JUL	£750,000	£834,800	10% below HPI
2013 17 SEP	£630,000	£552,611	14% above HPI
1997 30 JUL	£265,000	£188,456	41% above HPI

FAYREMEAD 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 three FAYREMEAD sales between July 1997 and July 2020 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 September 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might FAYREMEAD be worth now?

FAYREMEAD might now be worth an estimated £874,224.

This is based on house price inflation of 16.6%, between July 2020 and June 2025, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for FAYREMEAD of £750,000 on 9th July 2020. For the value to have increased from £750,000 to £874,224 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of FAYREMEAD has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The July 2020 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of FAYREMEAD has not materially changed since July 2020.

How Large is FAYREMEAD?

FAYREMEAD is 162m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses houses in Doddinghurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Doddinghurst, and where FAYREMEAD lies on this distribution: 76% of detached houses houses are smaller than FAYREMEAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Doddinghurst.

FAYREMEAD: Plot and Title Map

FAYREMEAD sits on a plot of roughly 0.435 of an acre, or 1,762m². The below map shows the location of FAYREMEAD, 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 FAYREMEAD). 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 FAYREMEAD?

FAYREMEAD is located on OUTINGS LANE in DODDINGHURST, in the CM15 postcode district. The below map shows the position of FAYREMEAD on OUTINGS LANE.