4, FOURWAYS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LP - £353,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 FOURWAYS is a small detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £406,949. It was last sold for £353,500 in January 2018, which was around 42% below the average January 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

4 FOURWAYS Sold Prices

Land registry data shows two sales for 4 FOURWAYS 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 4 FOURWAYS 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 30 JAN	£353,500	£612,342	42% below HPI
1995 20 JAN	£88,000	£139,387	37% below HPI

4 FOURWAYS 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 4 FOURWAYS sales from January 1995 and January 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 January 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 4 FOURWAYS be worth now?

4 FOURWAYS might now be worth an estimated £406,949.

This is based on house price inflation of 15.1%, between January 2018 and December 2024, 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 15.1% inflationary increase is applied to the most recent sale price for 4 FOURWAYS of £353,500 on 30th January 2018. For the value to have increased from £353,500 to £406,949 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 4 FOURWAYS has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The January 2018 sale price of £353,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FOURWAYS has not materially changed since January 2018.

How Large is 4 FOURWAYS?

4 FOURWAYS is 112m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% 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 4 FOURWAYS lies on this distribution: 39% of detached houses houses are smaller than 4 FOURWAYS, and 61% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

4 FOURWAYS: Plot and Title Map

4 FOURWAYS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 4 FOURWAYS, 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 4 FOURWAYS). 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 4 FOURWAYS?

4 FOURWAYS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 4 on FOURWAYS.