21, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £335,000

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

21 MARKWELLS is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £335,000 in August 2018, which was around 45% below the average August 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

21 MARKWELLS Sold Prices

Land registry data shows five sales for 21 MARKWELLS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the five 21 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
2018 29 AUG	£335,000	£613,397	45% below HPI
2017 9 FEB	£325,000	£584,534	44% below HPI
2008 2 JUN	£205,000	£404,736	49% below HPI
2004 16 JUN	£175,000	£335,280	48% below HPI
1999 10 SEP	£93,500	£190,472	51% below HPI

21 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 five 21 MARKWELLS sales between September 1999 and August 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 February 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 21 MARKWELLS?

21 MARKWELLS is 74m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 21 MARKWELLS lies on this distribution: 6% of detached houses are smaller than 21 MARKWELLS, and 92% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

21 MARKWELLS: Plot and Title Map

21 MARKWELLS sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 21 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 21 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 21 MARKWELLS?

21 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 21 on MARKWELLS.