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
40 ELMCROFT PLACE is a very large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £490,000 in September 2021, which was around 2% below the average September 2021 detached price in the Arun local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 40 ELMCROFT PLACE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 40 ELMCROFT PLACE 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 29 SEP | £490,000 | £499,148 | 2% below HPI |
2013 13 DEC | £310,000 | £339,636 | 9% below HPI |
2010 17 SEP | £278,000 | £325,182 | 15% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 40 ELMCROFT PLACE sales between September 2010 and September 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 December 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
40 ELMCROFT PLACE is 151m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 40 ELMCROFT PLACE lies on this distribution: 87% of detached houses are smaller than 40 ELMCROFT PLACE, and 13% of houses are larger. Note that EPC data is not available for all properties in Westergate.
40 ELMCROFT PLACE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 40 ELMCROFT PLACE, 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 40 ELMCROFT PLACE). 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.
40 ELMCROFT PLACE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 40 on ELMCROFT PLACE.