15, THE ELMS, HERTFORD, SG13 7UY - £332,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 THE ELMS is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £589,348. It was last sold for £332,500 in November 2010, which was around 32% below the average November 2010 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

15 THE ELMS Sold Prices

Land registry data shows five sales for 15 THE ELMS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the five 15 THE ELMS 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
2010 25 NOV	£332,500	£489,658	32% below HPI
2004 29 NOV	£288,750	£431,997	33% below HPI
2002 6 DEC	£269,950	£372,245	27% below HPI
1998 28 JUL	£135,000	£202,277	33% below HPI
1997 18 JUL	£120,000	£172,969	31% below HPI

15 THE ELMS 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 five 15 THE ELMS sales between July 1997 and November 2010 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 November 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2010 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 THE ELMS be worth now?

15 THE ELMS might now be worth an estimated £589,348.

This is based on house price inflation of 77.2%, between November 2010 and December 2024, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.2% inflationary increase is applied to the most recent sale price for 15 THE ELMS of £332,500 on 25th November 2010. For the value to have increased from £332,500 to £589,348 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 THE ELMS has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The November 2010 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 15 THE ELMS has not materially changed since November 2010.

How Large is 15 THE ELMS?

15 THE ELMS is 81m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hertford, and where 15 THE ELMS lies on this distribution: 5% of detached houses houses are smaller than 15 THE ELMS, and 95% of houses are larger. Note that EPC data is not available for all properties in Hertford.

15 THE ELMS: Plot and Title Map

15 THE ELMS sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 15 THE ELMS, 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 15 THE ELMS). 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 15 THE ELMS?

15 THE ELMS is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 15 on THE ELMS.