16, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 MARKWELLS is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £360,000 in September 2020, which was around 42% below the average September 2020 detached price in the Uttlesford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

16 MARKWELLS Sold Prices

Land registry data shows three sales for 16 MARKWELLS 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 16 MARKWELLS 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
2020 15 SEP	£360,000	£623,894	42% below HPI
2009 2 OCT	£215,000	£364,830	41% below HPI
1998 16 JAN	£87,500	£160,348	45% below HPI

16 MARKWELLS 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 16 MARKWELLS sales between January 1998 and September 2020 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 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 16 MARKWELLS?

16 MARKWELLS is 108m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 16 MARKWELLS lies on this distribution: 36% of detached houses are smaller than 16 MARKWELLS, and 64% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

16 MARKWELLS: Plot and Title Map

16 MARKWELLS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 16 MARKWELLS, 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 16 MARKWELLS). 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 16 MARKWELLS?

16 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 16 on MARKWELLS.