5, LEES CLOSE, THAXTED, DUNMOW, CM6 2GJ - £317,500

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.

5 LEES CLOSE is a small flat of 71m², built in 2019, which could now be worth an estimated £305,741. It was last sold for £317,500 in August 2023, which was around 56% above the average August 2023 flat price in the Uttlesford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

5 LEES CLOSE Sold Prices

Land registry data shows two sales for 5 LEES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Uttlesford local authority area for the corresponding sale date. Both of the two 5 LEES 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
2023 4 AUG	£317,500	£203,264	56% above HPI
2021 30 JUN	£315,000	£205,001	54% above HPI

What might 5 LEES CLOSE be worth now?

5 LEES CLOSE might now be worth an estimated £305,741.

This is based on house price deflation of 3.7%, between August 2023 and April 2026, for flats, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 5 LEES CLOSE of £317,500 on 4th August 2023. For the value to have decreased from £317,500 to £305,741 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 5 LEES CLOSE has moved in line with the HPI for flats in the Uttlesford local authority area.
• The August 2023 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 5 LEES CLOSE has not materially changed since August 2023.

How Large is 5 LEES CLOSE?

5 LEES CLOSE is 71m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of flats in Thaxted, based on EPC data. 38% of flats are smaller than 5 LEES CLOSE, and 63% of flats are larger. Note that EPC data is not available for all properties in Thaxted.

5 LEES CLOSE: Plot

5 LEES CLOSE sits on a plot of roughly 0.070 of an acre, or 282m².

Where is 5 LEES CLOSE?

5 LEES CLOSE is located in THAXTED, in the CM6 postcode district.