7, VERNONS CLOSE, HENHAM, BISHOP'S STORTFORD, CM22 6AE - £315,000

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.

7 VERNONS CLOSE is a very small extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £463,252. It was last sold for £315,000 in November 2014, which was around 38% below the average November 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

7 VERNONS CLOSE Sold Prices

Land registry data shows one sale for 7 VERNONS 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
2014 28 NOV	£315,000	£504,132	38% below HPI

What might 7 VERNONS CLOSE be worth now?

7 VERNONS CLOSE might now be worth an estimated £463,252.

This is based on house price inflation of 47.1%, between November 2014 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 47.1% inflationary increase is applied to the most recent sale price for 7 VERNONS CLOSE of £315,000 on 28th November 2014. For the value to have increased from £315,000 to £463,252 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 7 VERNONS CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The November 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VERNONS CLOSE has not materially changed since November 2014.

How Large is 7 VERNONS CLOSE?

7 VERNONS CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Henham, based on EPC data. The below chart shows the distribution of detached houses by size in Henham, and where 7 VERNONS CLOSE lies on this distribution: 11% of detached houses are smaller than 7 VERNONS CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Henham.

7 VERNONS CLOSE: Plot

7 VERNONS CLOSE sits on a plot of roughly 0.142 of an acre, or 574m².

Where is 7 VERNONS CLOSE?

7 VERNONS CLOSE is located in HENHAM, in the CM22 postcode district.