2, ELM FARM CLOSE, CLIFTON, SHEFFORD, SG17 5HF - £193,000

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

2 ELM FARM CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £373,914. It was last sold for £193,000 in May 2012, which was around 40% below the average May 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

2 ELM FARM CLOSE Sold Prices

Land registry data shows three sales for 2 ELM FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 2 ELM FARM CLOSE 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
2012 4 MAY	£193,000	£321,863	40% below HPI
2002 26 JUL	£164,000	£235,029	30% below HPI
1999 4 MAR	£85,000	£138,562	39% below HPI

2 ELM FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 2 ELM FARM CLOSE sales between March 1999 and May 2012 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 ELM FARM CLOSE be worth now?

2 ELM FARM CLOSE might now be worth an estimated £373,914.

This is based on house price inflation of 93.7%, between May 2012 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.7% inflationary increase is applied to the most recent sale price for 2 ELM FARM CLOSE of £193,000 on 4th May 2012. For the value to have increased from £193,000 to £373,914 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ELM FARM CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The May 2012 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM FARM CLOSE has not materially changed since May 2012.

How Large is 2 ELM FARM CLOSE?

2 ELM FARM CLOSE is 80m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clifton, and where 2 ELM FARM CLOSE lies on this distribution: 5% of detached houses houses are smaller than 2 ELM FARM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Clifton.

2 ELM FARM CLOSE: Plot and Title Map

2 ELM FARM CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 ELM FARM CLOSE, 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 2 ELM FARM CLOSE). 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 2 ELM FARM CLOSE?

2 ELM FARM CLOSE is located in CLIFTON, in the SG17 postcode district. The below map shows the position of No. 2 on ELM FARM CLOSE.