Our Data Sources
5, Lower Mead Close, Bishop's Stortford has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Lower Mead Close, Bishop's Stortford, we estimate a market value of £404,323 and a rental value of £1,860 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £358,114 and £1,647 per month respectively.
Plot Size
HM Land Registry records the plot of land for 5, Lower Mead Close, Bishop's Stortford as measuring 90 m2.
That makes it the 5th largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
5, Lower Mead Close, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating, pipes in screed above insulation, electric.
Sold Prices
The most recent sale of 5, Lower Mead Close, Bishop's Stortford completed on 28th May 2021 at £358,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.7% over the period since May 2021.
- Sold May 2021£358,000
- Sold Aug 2018£330,000
Similar Properties Sold Nearby
Over the past 2 years 162 properties similar to 5, Lower Mead Close, Bishop's Stortford have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 6, Lower Mead Close, Bishop's Stortford, CM22 6UD, a freehold house which sold for £405,000.
Read more about house prices in CM22.
- Sold Oct 2024£405,000 | 3 Bed House6, Lower Mead Close, Bishop's Stortford, CM22 6UD6, Lower Mead Close, Bishop's Stortford, CM22 6UD
- Sold Mar 2020£332,500 | 3 Bed House3, Lower Mead Close, Bishop's Stortford, CM22 6UD3, Lower Mead Close, Bishop's Stortford, CM22 6UD
- Sold Aug 2018£330,000 | 3 Bed House4, Lower Mead Close, Bishop's Stortford, CM22 6UD4, Lower Mead Close, Bishop's Stortford, CM22 6UD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Lower Mead Close, Henham, Bishop's Stortford, CM22, 5, Lower Mead Close, Bishop's Stortford comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £154k less expensive than the average property across the CM22 district.
More reading links
Schools Nearby
- Elsenham Church of England Voluntary Controlled Primary School1.2 km away
- Henham and Ugley Primary and Nursery School1.7 km away
- Bentfield Primary School and Nursery2.7 km away
- Forest Hall School3.5 km away
- Birchwood High School6.2 km away
- Avanti Grange Secondary School6.7 km away
More reading links
Public Transport Nearby
- Elsenham (Essex)|400 m away
- Stansted Mountfitchet|3.1 km away
- Stansted Airport|4.6 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
