37, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £375,000

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

37 MARKWELLS is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £375,000 in October 2022, which was around 47% below the average October 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

37 MARKWELLS Sold Prices

Land registry data shows three sales for 37 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 37 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
2022 20 OCT	£375,000	£713,954	47% below HPI
2013 6 SEP	£210,000	£431,361	51% below HPI
2009 29 MAY	£180,000	£365,911	51% below HPI

37 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 37 MARKWELLS sales between May 2009 and October 2022 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 2013 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 37 MARKWELLS?

37 MARKWELLS is 76m² according to the EPC inspection conducted in June 2022. 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 37 MARKWELLS lies on this distribution: 11% of detached houses are smaller than 37 MARKWELLS, and 89% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

37 MARKWELLS: Plot and Title Map

37 MARKWELLS sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 37 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 37 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 37 MARKWELLS?

37 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 37 on MARKWELLS.