HEREFORD, FRAMBURY LANE, NEWPORT, SAFFRON WALDEN, CB11 3PU - £305,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

HEREFORD is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £305,000 in June 2015, which was around 40% below the average June 2015 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

HEREFORD Sold Prices

Land registry data shows two sales for HEREFORD 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 HEREFORD 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
2015 19 JUN	£305,000	£505,165	40% below HPI
2007 26 OCT	£222,000	£423,478	48% below HPI

HEREFORD 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 HEREFORD sales from October 2007 and June 2015 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 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is HEREFORD?

HEREFORD is 70m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where HEREFORD lies on this distribution: 3% of detached houses are smaller than HEREFORD, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.

HEREFORD: Plot and Title Map

HEREFORD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of HEREFORD, 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 HEREFORD). 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 HEREFORD?

HEREFORD is located on FRAMBURY LANE in NEWPORT, in the CB11 postcode district. The below map shows the position of HEREFORD on FRAMBURY LANE.