25, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £266,000

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

25 MARKWELLS is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £385,386. It was last sold for £266,000 in June 2014, which was around 45% below the average June 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

25 MARKWELLS Sold Prices

Land registry data shows two sales for 25 MARKWELLS 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 25 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
2014 20 JUN	£266,000	£486,553	45% below HPI
2013 25 NOV	£186,244	£459,712	59% below HPI

25 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 two 25 MARKWELLS sales from November 2013 and June 2014 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 November 2013 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the June 2014 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 25 MARKWELLS be worth now?

25 MARKWELLS might now be worth an estimated £385,386.

This is based on house price inflation of 44.9%, between June 2014 and December 2024, 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 44.9% inflationary increase is applied to the most recent sale price for 25 MARKWELLS of £266,000 on 20th June 2014. For the value to have increased from £266,000 to £385,386 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 25 MARKWELLS has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The June 2014 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MARKWELLS has not materially changed since June 2014.

How Large is 25 MARKWELLS?

25 MARKWELLS is 73m² according to the EPC inspection conducted in August 2013. 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 25 MARKWELLS lies on this distribution: 5% of detached houses houses are smaller than 25 MARKWELLS, and 95% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

25 MARKWELLS: Plot and Title Map

25 MARKWELLS sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 25 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 25 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 25 MARKWELLS?

25 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 25 on MARKWELLS.