39, NEW ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6HA - £605,000

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

39 NEW ROAD is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £605,000 in June 2021, which was around 3% below the average June 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

39 NEW ROAD Sold Prices

Land registry data shows four sales for 39 NEW ROAD 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 39 NEW ROAD 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 10 JUN	£605,000	£625,192	3% below HPI
2020 11 SEP	£375,000	£623,894	40% below HPI
2001 17 DEC	£195,000	£253,615	23% below HPI
1995 3 JAN	£95,000	£133,584	29% below HPI

39 NEW ROAD 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 39 NEW ROAD sales between January 1995 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 September 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 39 NEW ROAD?

39 NEW ROAD is 71m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 39 NEW ROAD lies on this distribution: 3% of detached houses are smaller than 39 NEW ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

39 NEW ROAD: Plot and Title Map

39 NEW ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 39 NEW ROAD, 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 39 NEW ROAD). 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 39 NEW ROAD?

39 NEW ROAD is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 39 on NEW ROAD.