TOORAK, REDRICKS LANE, SAWBRIDGEWORTH, CM21 0RL - £685,000

TOORAK is a very large extended detached house of 266m², built sometime between 1967 and 1975. It was last sold for £685,000 in July 2013, which was around 42% above the average July 2013 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

TOORAK Sold Prices

Land registry data shows two sales for TOORAK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two TOORAK 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
2013 19 JUL	£685,000	£482,378	42% above HPI
2004 19 JUL	£535,000	£384,663	39% above HPI

TOORAK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two TOORAK sales from July 2004 and July 2013 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 July 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2013 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is TOORAK?

TOORAK is 266m², which includes three extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where TOORAK lies on this distribution: 95% of detached houses are smaller than TOORAK, and 5% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

TOORAK: Plot and Title Map

TOORAK sits on a plot of roughly 0.402 of an acre, or 1,626m². The below map shows the location of TOORAK, 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 TOORAK). 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 TOORAK?

TOORAK is located on REDRICKS LANE in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of TOORAK on REDRICKS LANE.