16, THE ELMS, HERTFORD, SG13 7UX - £695,000

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 THE ELMS is a large extended detached house of 155m², built sometime between 1991 and 1995. It was last sold for £695,000 in March 2018, which was around 4% below the average March 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

16 THE ELMS Sold Prices

Land registry data shows three sales for 16 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 16 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
2018 21 MAR	£695,000	£723,483	4% below HPI
2005 13 MAY	£365,000	£377,673	3% below HPI
2003 20 FEB	£313,000	£359,654	13% below HPI

16 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 three 16 THE ELMS sales between February 2003 and March 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 May 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 16 THE ELMS?

16 THE ELMS is 155m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 16 THE ELMS lies on this distribution: 65% of detached houses are smaller than 16 THE ELMS, and 34% of houses are larger. Note that EPC data is not available for all properties in Hertford.

16 THE ELMS: Plot and Title Map

16 THE ELMS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 16 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 16 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 16 THE ELMS?

16 THE ELMS is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 16 on THE ELMS.