TIMBERS, BANNISTER GREEN, FELSTED, DUNMOW, CM6 3NF - £675,000

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.

TIMBERS is a large extended detached house of 158m², built sometime before 1900, which could now be worth an estimated £778,030. It was last sold for £675,000 in June 2018, which was around 8% above the average June 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

TIMBERS Sold Prices

Land registry data shows three sales for TIMBERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three TIMBERS 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
2018 14 JUN	£675,000	£627,313	8% above HPI
2015 2 SEP	£615,000	£563,505	9% above HPI
1996 26 APR	£155,000	£128,715	20% above HPI

TIMBERS 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 three TIMBERS sales between April 1996 and June 2018 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 September 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might TIMBERS be worth now?

TIMBERS might now be worth an estimated £778,030.

This is based on house price inflation of 15.3%, between June 2018 and June 2025, 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 15.3% inflationary increase is applied to the most recent sale price for TIMBERS of £675,000 on 14th June 2018. For the value to have increased from £675,000 to £778,030 over the seven years to June 2025, the following assumptions must hold true:

• The value of TIMBERS has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The June 2018 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBERS has not materially changed since June 2018.

How Large is TIMBERS?

TIMBERS is 158m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses houses in Bannister Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bannister Green, and where TIMBERS lies on this distribution: 71% of detached houses houses are smaller than TIMBERS, and 29% of houses are larger. Note that EPC data is not available for all properties in Bannister Green.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of TIMBERS, 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 TIMBERS). 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 TIMBERS?

TIMBERS is located on BANNISTER GREEN in FELSTED, in the CM6 postcode district. The below map shows the position of TIMBERS on BANNISTER GREEN.