2, THE CROFT, ELSENHAM, BISHOP'S STORTFORD, CM22 6LU - £326,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE CROFT is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £369,579. It was last sold for £326,000 in May 2020, which was around 49% below the average May 2020 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

2 THE CROFT Sold Prices

Land registry data shows two sales for 2 THE CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 2 THE CROFT 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 1 MAY	£326,000	£643,931	49% below HPI
2015 27 FEB	£295,000	£520,100	43% below HPI

2 THE CROFT 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 two 2 THE CROFT sales from February 2015 and May 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 February 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 THE CROFT be worth now?

2 THE CROFT might now be worth an estimated £369,579.

This is based on house price inflation of 13.4%, between May 2020 and February 2025, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 2 THE CROFT of £326,000 on 1st May 2020. For the value to have increased from £326,000 to £369,579 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 THE CROFT has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The May 2020 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CROFT has not materially changed since May 2020.

How Large is 2 THE CROFT?

2 THE CROFT is 75m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elsenham, and where 2 THE CROFT lies on this distribution: 9% of detached houses houses are smaller than 2 THE CROFT, and 90% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

2 THE CROFT: Plot and Title Map

2 THE CROFT sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 THE CROFT, 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 THE CROFT). 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 THE CROFT?

2 THE CROFT is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 2 on THE CROFT.