27, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £343,500

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

27 MARKWELLS is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £343,500 in March 2021, which was around 45% below the average March 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

27 MARKWELLS Sold Prices

Land registry data shows three sales for 27 MARKWELLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three 27 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
2021 1 MAR	£343,500	£621,748	45% below HPI
2003 18 AUG	£177,000	£320,643	45% below HPI
1998 9 JAN	£89,000	£160,348	44% below HPI

27 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 three 27 MARKWELLS sales between January 1998 and March 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 August 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2021 sale, which was also at 45% below the HPI.

How Large is 27 MARKWELLS?

27 MARKWELLS is 77m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 27 MARKWELLS lies on this distribution: 11% of detached houses are smaller than 27 MARKWELLS, and 89% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

27 MARKWELLS: Plot and Title Map

27 MARKWELLS sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 27 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 27 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 27 MARKWELLS?

27 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 27 on MARKWELLS.