20, SOUTHFIELD CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6YF - £430,000

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.

20 SOUTHFIELD CLOSE is a very small detached house of 88m², which could now be worth an estimated £481,789. It was last sold for £430,000 in February 2021, which was around 34% below the average February 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

20 SOUTHFIELD CLOSE Sold Prices

Land registry data shows two sales for 20 SOUTHFIELD CLOSE 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 20 SOUTHFIELD 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
2021 12 FEB	£430,000	£651,539	34% below HPI
2018 19 DEC	£401,995	£642,111	37% below HPI

20 SOUTHFIELD CLOSE 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 20 SOUTHFIELD CLOSE sales from December 2018 and February 2021 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 December 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 20 SOUTHFIELD CLOSE be worth now?

20 SOUTHFIELD CLOSE might now be worth an estimated £481,789.

This is based on house price inflation of 12%, between February 2021 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 12% inflationary increase is applied to the most recent sale price for 20 SOUTHFIELD CLOSE of £430,000 on 12th February 2021. For the value to have increased from £430,000 to £481,789 over the four years to February 2025, the following assumptions must hold true:

• The value of 20 SOUTHFIELD CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The February 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SOUTHFIELD CLOSE has not materially changed since February 2021.

How Large is 20 SOUTHFIELD CLOSE?

20 SOUTHFIELD CLOSE is 88m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% 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 20 SOUTHFIELD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 20 SOUTHFIELD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

20 SOUTHFIELD CLOSE: Plot and Title Map

20 SOUTHFIELD CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 20 SOUTHFIELD 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 20 SOUTHFIELD 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 20 SOUTHFIELD CLOSE?

20 SOUTHFIELD CLOSE is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 20 on SOUTHFIELD CLOSE.