28, ELM CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6LE - £405,000

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.

28 ELM CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £453,212. It was last sold for £405,000 in June 2021, which was around 38% below the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

28 ELM CLOSE Sold Prices

Land registry data shows four sales for 28 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four 28 ELM 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 11 JUN	£405,000	£652,352	38% below HPI
2009 27 NOV	£210,000	£385,311	45% below HPI
2005 30 AUG	£227,500	£370,994	39% below HPI
1998 30 NOV	£98,500	£186,883	47% below HPI

28 ELM 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 four 28 ELM CLOSE sales between November 1998 and June 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 November 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 28 ELM CLOSE be worth now?

28 ELM CLOSE might now be worth an estimated £453,212.

This is based on house price inflation of 11.9%, between June 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 11.9% inflationary increase is applied to the most recent sale price for 28 ELM CLOSE of £405,000 on 11th June 2021. For the value to have increased from £405,000 to £453,212 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 28 ELM CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The June 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ELM CLOSE has not materially changed since June 2021.

How Large is 28 ELM CLOSE?

28 ELM CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in October 2009. 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 28 ELM CLOSE lies on this distribution: 12% of detached houses houses are smaller than 28 ELM CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

28 ELM CLOSE: Plot and Title Map

28 ELM CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 28 ELM 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 28 ELM 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 28 ELM CLOSE?

28 ELM CLOSE is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 28 on ELM CLOSE.