2, REDDINGS CLOSE, SAFFRON WALDEN, CB11 4AZ - £333,000

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.

2 REDDINGS CLOSE is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £417,829. It was last sold for £333,000 in March 2017, which was around 44% below the average March 2017 detached price in the Uttlesford local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

2 REDDINGS CLOSE Sold Prices

Land registry data shows one sale for 2 REDDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 21 MAR	£333,000	£590,877	44% below HPI

What might 2 REDDINGS CLOSE be worth now?

2 REDDINGS CLOSE might now be worth an estimated £417,829.

This is based on house price inflation of 25.5%, between March 2017 and May 2026, for detached 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 25.5% inflationary increase is applied to the most recent sale price for 2 REDDINGS CLOSE of £333,000 on 21st March 2017. For the value to have increased from £333,000 to £417,829 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 REDDINGS CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The March 2017 sale price of £333,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDDINGS CLOSE has not materially changed since March 2017.

How Large is 2 REDDINGS CLOSE?

2 REDDINGS CLOSE is 85m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses by size in Saffron Walden, and where 2 REDDINGS CLOSE lies on this distribution: 8% of detached houses are smaller than 2 REDDINGS CLOSE, and 91% of detached houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

2 REDDINGS CLOSE: Plot

2 REDDINGS CLOSE sits on a plot of roughly 0.071 of an acre, or 287m².

Where is 2 REDDINGS CLOSE?

2 REDDINGS CLOSE is located in SAFFRON WALDEN, in the CB11 postcode district.