THE TWININGS, THE STREET, SHEERING, BISHOP'S STORTFORD, CM22 7LN - £505,000

THE TWININGS is a very small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £505,000 in May 2023, which was around 47% below the average May 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

THE TWININGS Sold Prices

Land registry data shows five sales for THE TWININGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the five THE TWININGS 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
2023 5 MAY	£505,000	£950,580	47% below HPI
2007 30 OCT	£325,000	£548,422	41% below HPI
2004 5 MAR	£231,500	£439,855	47% below HPI
1996 29 MAR	£91,500	£157,352	42% below HPI
1995 13 JAN	£36,000	£163,534	78% below HPI

THE TWININGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The five THE TWININGS sales between January 1995 and May 2023 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is THE TWININGS?

THE TWININGS is 89m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Sheering, based on EPC data. The below chart shows the distribution of detached houses by size in Sheering, and where THE TWININGS lies on this distribution: 16% of detached houses are smaller than THE TWININGS, and 84% of houses are larger. Note that EPC data is not available for all properties in Sheering.

THE TWININGS: Plot and Title Map

THE TWININGS sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of THE TWININGS, 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 THE TWININGS). 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 THE TWININGS?

THE TWININGS is located on THE STREET in SHEERING, in the CM22 postcode district. The below map shows the position of THE TWININGS on THE STREET.