45, THE ELMS, HERTFORD, SG13 7UY - £355,000

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

45 THE ELMS is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £355,000 in December 2011, which was around 23% below the average December 2011 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

45 THE ELMS Sold Prices

Land registry data shows five sales for 45 THE ELMS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the five 45 THE ELMS 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
2011 2 DEC	£355,000	£461,134	23% below HPI
2001 27 APR	£211,000	£272,868	23% below HPI
1998 5 FEB	£139,000	£175,285	21% below HPI
1996 4 OCT	£129,000	£149,402	14% below HPI
1995 26 FEB	£118,500	£142,338	17% below HPI

45 THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The five 45 THE ELMS sales between February 1995 and December 2011 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 April 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2011 sale, which was also at 23% below the HPI.

How Large is 45 THE ELMS?

45 THE ELMS is 101m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 45 THE ELMS lies on this distribution: 20% of detached houses are smaller than 45 THE ELMS, and 80% of houses are larger. Note that EPC data is not available for all properties in Hertford.

45 THE ELMS: Plot and Title Map

45 THE ELMS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 45 THE ELMS, 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 45 THE ELMS). 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 45 THE ELMS?

45 THE ELMS is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 45 on THE ELMS.