55, THE ELMS, HERTFORD, SG13 7UY - £565,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 THE ELMS is a small extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £565,000 in June 2021, which was around 21% below the average June 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

55 THE ELMS Sold Prices

Land registry data shows two sales for 55 THE ELMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 55 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
2021 28 JUN	£565,000	£719,209	21% below HPI
1997 2 MAY	£115,495	£154,648	25% below HPI

55 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 two 55 THE ELMS sales from May 1997 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 May 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 THE ELMS?

55 THE ELMS is 115m², which includes three extensions, according to the EPC inspection conducted in March 2021. 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 55 THE ELMS lies on this distribution: 30% of detached houses are smaller than 55 THE ELMS, and 70% of houses are larger. Note that EPC data is not available for all properties in Hertford.

55 THE ELMS: Plot and Title Map

55 THE ELMS sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 55 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 55 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 55 THE ELMS?

55 THE ELMS is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 55 on THE ELMS.