31, THE CROFT, ELSENHAM, BISHOP'S STORTFORD, CM22 6LU - £440,000

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.

31 THE CROFT is a midsized extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £519,888. It was last sold for £440,000 in February 2018, which was around 29% below the average February 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

31 THE CROFT Sold Prices

Land registry data shows two sales for 31 THE CROFT 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 31 THE CROFT 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 15 FEB	£440,000	£617,834	29% below HPI
2001 21 SEP	£209,950	£272,522	23% below HPI

31 THE CROFT 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 31 THE CROFT sales from September 2001 and February 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 September 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 31 THE CROFT be worth now?

31 THE CROFT might now be worth an estimated £519,888.

This is based on house price inflation of 18.2%, between February 2018 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 18.2% inflationary increase is applied to the most recent sale price for 31 THE CROFT of £440,000 on 15th February 2018. For the value to have increased from £440,000 to £519,888 over the seven years to February 2025, the following assumptions must hold true:

• The value of 31 THE CROFT has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The February 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 31 THE CROFT has not materially changed since February 2018.

How Large is 31 THE CROFT?

31 THE CROFT is 137m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% 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 31 THE CROFT lies on this distribution: 56% of detached houses houses are smaller than 31 THE CROFT, and 44% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

31 THE CROFT: Plot and Title Map

31 THE CROFT sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 31 THE CROFT, 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 31 THE CROFT). 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 31 THE CROFT?

31 THE CROFT is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 31 on THE CROFT.